 Asset Class: | Retail |
 Price: | $ 1067000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
This exceptional commercial property presents a once-in-a-lifetime opportunity to acquire a premium waterfront and retail investment situated in the heart of the renowned Mooloolaba Esplanade just metres from the famous Mooloolaba Beach.<br>Mooloolaba Esplanade is one of the premier retail and tourist strips of the Sunshine Coast. Known for its protected north facing ocean beach, the Wharf precinct and relaxed alfresco dining, Mooloolaba is a favoured holiday destination for both interstate and international visitors with Mooloolaba Esplanade being at the epicentre of activity.<br>Retail investments positioned in high growing areas with strong lease covenants via an established companies are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity with 6% net return.<br>
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As Australian businesses look outside major cities to establish, relocate or expand, Queensland’s Sunshine Coast is firmly in the spotlight.<br><br>The Sunshine Coast offers opportunities in a diverse range of growth industries, an emerging city centre which is already becoming a vibrant commercial and leisure precinct and a local government that supports new and existing businesses to establish and grow.<br><br>Over the past 15 years, economic growth on the Sunshine Coast has outperformed almost every other regional economy in Australia, sparking a wave of new residential, office and retail development. The booming economy is being propelled forward by a highly educated, highly motivated workforce and a uniquely entrepreneurial culture.<br><br><b>Some of the new developments in the region includes:</b><br><br><p style="margin-inline-start:20px;">• Sunshine Coast Airport Master Plan: $334 million expansion</p><p style="margin-inline-start:20px;">• Bruce Highway: $1.6 billion expansion</p><p style="margin-inline-start:20px;">• Maroochydore City Centre: $2.5 billion investment</p><p style="margin-inline-start:20px;">• Mooloolah River Interchange: $320 million expansion</p><p style="margin-inline-start:20px;">• Palmview: 16,000 new residents by 2036</p><p style="margin-inline-start:20px;">• Sunshine Coast Health Precinct: $3.2 billion investment</p><p style="margin-inline-start:20px;">• Aura: $7.0 billion investment</p><p style="margin-inline-start:20px;">• Light Rail Project: $3.6 billion investment</p>
Additional Location Information File<span style="color:rgb(0, 29, 53);">RUSTY FADEZ: Barber Shop</span><br><span style="color:rgb(0, 29, 53);">27 Google Reviews, 5 stars </span><br><br><span style="color:rgb(0, 29, 53);">FRISKY DEER: Store and Cafe</span><br><span style="color:rgb(0, 29, 53);">Website: </span><a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.friskydeer.com.au/"><u>Frisky Deer Interiors - Homewares & Clothing Boutique</u></a><span></span><br>
Initial Term:
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Security Info:
Please refer the attached
Additional Financial Information FileInitial Term:
Security:
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Subject Property: $610 Per Sqm
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Internal floor area of 105m2* in total</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:windowtext;font-weight:normal;font-style:normal;">Located in the heart of one of the Sunshine Coast's premier tourist destinations only metres from Mooloolaba Beach</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Two tenancies offers diversification and reduce risk profile</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenancy 8A - 37m2*</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenancy 8B - 68m2*</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Grease trap connection</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Direct access to the resort</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Ample parking nearby</span></p></li></ul>
