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  • Sold
Tenanted Investment Opportunity - Maroochydore - #1
Tenanted Investment Opportunity - Maroochydore - #2
Tenanted Investment Opportunity - Maroochydore - #3
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Tenanted Investment Opportunity - Maroochydore - #7

For Sale

Expressions of Interest closing 21st Apr 2022 Level 5, 57 The Esplanade, Maroochydore
Colliers Sunshine Coast is pleased to offer to the market this long term tenanted investment within Maroochydore's bar and dining precinct.

The tenant "Red Sea" is ranked number 1 on Trip Advisor for seafood restaurants on the Sunshine Coast.

- High profile street level location fronting the shared pedestrian / vehicle zone.
- Modern 91sqm* restaurant within the luxury riverfront "Waves" development
- Affluent holiday and residential location
- 5 year lease expiring 30 November 2026 plus 5 year option
- Current rental per annum $62,840.76* + GST

For Sale by Offers to Purchase closing Thursday 21 April 2022 at 4pm.

*Approx.

Features

Net Income
Current Rental: $62,840.76*pa + GST
TimeFrames - Lease Term
5yr lease expiring 11/2026 with option
Total Area - M
91sqm* internal + 25sqm* exclusive use
  • 31/05/2022
  • Contact our experts for details on this transaction