» »
Secure Investment Circa 7.2% Yield - Established Bar With...

Lot 5 & 6/13 Mooloolaba Esplanade, MOOLOOLABA QLD, 4557

Sold

Property Sold in Lot 5 & 6/13 Mooloolaba Esplanade, MOOLOOLABA QLD, 4557

Ray White Commercial Noosa & Sunshine Coast North

Suite 204, 90 Goodchap Street, Noosaville, QLD 4566

Listing ID:
11371173
Status:
Sold
Price:
Sold
Last Updated:
20/03/2020
Icon building

Property Type

Retail
Icon square

Land Area

N/A
Icon size

Floor Area

246 SQM
Icon parking

Parking

N/A

Secure Investment Circa 7.2% Yield - Established Bar With Rare Late Night Liquor License

Exceptional opportunity to acquire a secure investment property to an established tenant operating as a bar and bistro with liquor license from 10am to 1am from Monday to Sunday. There are very few liquor licenses running this late in the Mooloolaba precinct.

This asset provides all aspects astute investors look for including long lease, market rent, strong increases, significant bond, proven tenant, prime location and a point of difference like a late night liquor license.

+ 7 year lease from 1/09/18 with one x 7 year option

+ Current net rental of $166,296 per annum plus GST

+ Annual Increases at 4%

+ 6 month gross bank guarantee at $87,945

+ Leased to Taps Australia Pty Ltd since 2013

+ Prime location in Mooloolaba's retail and tourism precinct

+ Total area of 270sq m including 24sq m (approx) licensed outdoor area

+ Located in the ground floor of the popular Peninsular Beachfront Resort

+ High growth location

Call or email Matt Marenko or Louisa Blennerhassett to inspect the property or find out about other suitable options.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.

For more details, please email agent

Ray White Commercial Noosa & Sunshine Coast North

Suite 204, 90 Goodchap Street, Noosaville, QLD 4566


More properties from Ray White Commercial Noosa & Sunshine Coast North
For Lease
Unit 1a/1 Cedarbrook Drive, FOREST GLEN QLD, 4556

Unit 1a/1 Cedarbr...

Industrial/Warehouse
For Lease
Suite 2/102 Howard Street, NAMBOUR QLD, 4560

Suite 2/102 Howar...

Offices
For Sale
Shop 10/11-19 Hilton Terrace, TEWANTIN QLD, 4565

Shop 10/11-19 Hil...

Retail
For Sale
Shop 9/9 Ocean Street, MAROOCHYDORE QLD, 4558

Shop 9/9 Ocean St...

RetailOffices
For Lease
Lot 12A/95 Eumundi Road, NOOSAVILLE QLD, 4566

Lot 12A/95 Eumund...

Offices
Leased
Suite 12/28 Sunshine Beach Road, NOOSA HEADS QLD, 4567

Suite 12/28 Sunsh...

OfficesMedical/ConsultingRetail
More properties from Mooloolaba
For Lease
1/149-151 Brisbane Road, MOOLOOLABA QLD, 4557

1/149-151 Brisban...

OfficesRetail
For Lease
Suite 3/47 Brisbane Road, MOOLOOLABA QLD, 4557

Suite 3/47 Brisba...

Offices
For Lease
19/13 Mooloolaba Esplanade, MOOLOOLABA QLD, 4557

19/13 Mooloolaba ...

RetailOffices
For Sale
2/172 Brisbane Road, MOOLOOLABA QLD, 4557

2/172 Brisbane Ro...

RetailOffices
Leased
4/149-151 Brisbane Road, MOOLOOLABA QLD, 4557

4/149-151 Brisban...

OfficesRetail
For Lease
3/149-151 Brisbane Road, MOOLOOLABA QLD, 4557

3/149-151 Brisban...

OfficesRetail
Loading...