Owners buy into ‘smart’ Cooroy business alternative
Business owners keen on securing more affordable freehold land have been making a beeline to the newly completed Cooroy Business Park.
Henzells commercial manager Paul Bell said just six out of the 39 architecturally-designed strata-titled industrial units in Taylor Ct remained unsold.
"As soon as construction finished in September last year, people swooped on it,'' Mr Bell said.
"Demand is high among owner occupiers looking for freehold opportunities and investors given affordable pricing and potential returns.
"In the last month to six weeks inquiries really ramped up, people see value in this, they don't have to be in the traditional industrial estates," he said.
He said the major selling points had been the quality of the project build, ease of access to the Bruce Highway plus lower costs compared to coastal alternatives.
"Cooroy itself is a bit of sleeping giant," Mr Bell said.
"As soon as we get people in there, they're massively impressed," he said.
The stylish unit complex has been project-built by developer HM Developments.
Remaining units include 65sq m options priced from $167,000 and 96sq m units starting from $204,400.
The high end units offer tilt slab construction, mezzanine approvals and high clearance roller doors for ample truck and machinery room.