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Colliers is pleased to offer 54 Pioneer Road, Yandina for sale. Home of News Corp’s Queensland printing press facility, a critical asset supporting the production of newspapers and magazines. This substantial industrial facility is strategically positioned in a key growth corridor of the Sunshine Coast.
Key features of the offering include:
- Recently renewed lease to 2036 with an income premium until November 2026
- Estimated net income $2,452,450 per annum*
- Significant tenant infrastructure investment in the asset
- Located in a high growth region with limited future land supply
- Prominent location in a known tourist related food production and logistics precinct adjacent to the Bruce Highway
- Low site coverage offering future development upside
- 22,900sqm* site zoned Medium Impact Industry with 24hr/7 day use approvals
- Leased to News Corp Australia as the only printing press for all Queensland and Northern NSW newspapers
- Favourable lease terms including a 10 year lease with 3% annual increases and 100% of all outgoings paid by the tenant (including land tax and management fees).
- Central Sunshine Coast location
For Sale at an asking price of $27,000,000 | Yield 9.04%
For further information, or to arrange an inspection, please contact the exclusive marketing agents Nick Dowling or Simon Beirne.
* Approximately
Remember to mention you found this property on CommercialReady
Colliers is pleased to offer 54 Pioneer Road, Yandina for sale. Home of News Corp’s Queensland printing press facility, a critical asset supporting the production of newspapers and magazines. This substantial industrial facility is strategically positioned in a key growth corridor of the Sunshine Coast.
Key features of the offering include:
- Recently renewed lease to 2036 with an income premium until November 2026
- Estimated net income $2,452,450 per annum*
- Significant tenant infrastructure investment in the asset
- Located in a high growth region with limited future land supply
- Prominent location in a known tourist related food production and logistics precinct adjacent to the Bruce Highway
- Low site coverage offering future development upside
- 22,900sqm* site zoned Medium Impact Industry with 24hr/7 day use approvals
- Leased to News Corp Australia as the only printing press for all Queensland and Northern NSW newspapers
- Favourable lease terms including a 10 year lease with 3% annual increases and 100% of all outgoings paid by the tenant (including land tax and management fees).
- Central Sunshine Coast location
For Sale at an asking price of $27,000,000 | Yield 9.04%
For further information, or to arrange an inspection, please contact the exclusive marketing agents Nick Dowling or Simon Beirne.
* Approximately
Remember to mention you found this property on CommercialReady
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