 Asset Class: | Industrial |
 Price: | $ 1550000 |
 Net Yield: | 5.83 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Presenting an outstanding tenanted investment opportunity, strategically located near the new <br>Maroochydore City Centre ($2.5 billion development). <br>This property is located in tightly held area of Sugar Road in Maroochydore and is fully leased to <br>national tenants Fit Stop Australia and Snap Printing. It is a solidly built, well-maintained asset that <br>offers investors a stress free, secure income stream to two established tenants for years to come. <br>It is a great investment in an ideal location underpinned by two strong leasing covenants with a <br>desirable tenancy returning a net income of $90,358.87* per year.
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As Australian businesses look outside major cities to establish, relocate or expand, Queensland’s <br>Sunshine Coast is firmly in the spotlight. <br>The Sunshine Coast offers opportunities in a diverse range of growth industries, an emerging city <br>centre which is already becoming a vibrant commercial and leisure precinct and a local government <br>that supports new and existing businesses to establish and grow. <br>Over the past 15 years, economic growth on the Sunshine Coast has outperformed almost every <br>other regional economy in Australia, sparking a wave of new residential, office and retail <br>development. The booming economy is being propelled forward by a highly educated, highly <br>motivated workforce and a uniquely entrepreneurial culture. <br>
Additional Location Information FileInitial Term:
Security:
Security Info:
1/29 Maud street Maroochydore (Agent said they had 2 offers within the first 2 weeks) ∙Net rent $78,000 p/a($300m2) ∙Area: 260m2 ∙Term 5x5 years ∙Start date: 1/2/24 51 Sugar Road, Maroochydore ∙Net rent: $145,000 pa ($291/m²) ∙Area: 499m2 ∙Term: 5x5 years ∙Start date: 1/12/22
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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Finance:
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Settlement:
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●Location: Maroochydore (Sunshine Coast CBD) <br>●Walking distance from the Maroochydore City Centre ($2.5 billion development underway) <br>●A-Grade property <br>●Tenanted by two national tenants <br>●Net Lettable Area: 334 m2 <br>●Net Income: $90,358.87* <br>●Under rented leases
