 Asset Class: | Office |
 Price: | $ 768000 |
 Net Yield: | 6.30 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
Presenting an outstanding investment opportunity, located at Shop 1 & 2, 9 Rooke Street, Dicky <br>Beach QLD 4551. The tenant who is the owner of this property are willing to sign a brand new 5-year <br>net lease for a market rate rental. The owner has been occupying this building since 2010. <br>Don't miss the chance to capitalise on this fantastic, rare entry level investment opportunity on the <br>Sunshine Coast with a brand new 5-year lease.
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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> <br>Some of the new developments in the region includes: <br> <br>∙Sunshine Coast Airport Master Plan: $334 million expansion <br>∙Bruce Highway: $1.6 billion expansion <br>∙Maroochydore City Centre: $2.5 billion investment <br>∙Mooloolah River Interchange: $320 million expansion <br>∙Palmview: 16,000 new residents by 2036 <br>∙Sunshine Coast Health Precinct: $3.2 billion investment <br>∙Aura: $7.0 billion investment <br>∙Light Rail Project: $3.6 billion investment
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<b>Diverse Economy:</b> Sydney boasts a diverse economy with strengths in finance, technology, tourism, and education. This diversification helps to cushion the city against downturns in any single sector.<br><br><b>Financial Center:</b> Sydney is Australia's leading financial center, home to the Australian Securities Exchange (ASX) and the headquarters of many major banks and financial institutions.<br><br><b>Strong Tourism Sector:</b> Sydney's iconic landmarks and vibrant culture attract millions of tourists each year, contributing significantly to the city's economy.<br><br><b>Tech Hub:</b> Sydney is a growing tech hub, attracting startups and established technology companies alike.
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Rent Comparables: -4/12 Otranto Avenue Caloundra QLD 4551 = Currently on the market for $19,000 for 51 m2 = $372 Per Sqm -5/6 Beerburrum St, Dicky Beach = Recently leased for $45,000 for 92m² = $489 Per Sqm -6/67 Bulcock Street Caloundra QLD 4551 = Currently on the market for $19,000 for 51 m2 = $372 Per Sqm
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●High profile Sunshine Coast Region asset <br>●High quality fitouts <br>●Long standing tenant – tenants since 2010 (14 years) <br>●Landlord friendly lease: 100% outgoings to be paid by the tenant <br>●Entry level investment with a long lease
