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Sunshine Coast Restaurant Investment - 8 Year Lease

1/34 Minchinton Street, CALOUNDRA QLD, 4551

For Sale

Property for Sale in 1/34 Minchinton Street, CALOUNDRA QLD, 4551

Ray White Commercial Caloundra

1/110 Bulcock Street, Caloundra, QLD 4551

Listing ID:
11353554
Status:
Active
For:
Sale
Price:
$550,000
Last Updated:
21/08/2019
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Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

77 SQM
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Parking

2

Sunshine Coast Restaurant Investment - 8 Year Lease

Operating as a licensed restaurant/bar with a new eight year lease making this an attractive long term investment.

Centrally located in the Caloundra CBD and positioned beneath the popular 20 unit Belaire Place holiday apartments.

- Building Area: 77m2*
- Exclusive Use: 114m2*
- Total floor area: 191m2*
- Ground level strata titled lot
- Lease: Brand new 8 year lease
- Options: 2 extended option terms
- Increases: Fixed percentage annual increases
- Outgoings: 100% paid by tenant
- Close proximity to Bulcock Beach
- Yield: 6.54% net yield
For sale: $550,000

For further information or to organise an inspection contact exclusive marketing agents:

Len Greedy
0401 691 807
len.greedy@raywhite.com

Alan Gray
0414 894 084
alan.gray@raywhite.com

Approx*

For more details, please email agent

Ray White Commercial Caloundra

1/110 Bulcock Street, Caloundra, QLD 4551


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