+ Brand new 5 year lease to 2027
+ 2 x 5 year options through to 2037
+ Fixed 3% annual increases assuring growth
+ Favourable net lease, with tenant paying 100% of outgoings as per lease
+ Alex Surf is now apart of the Surfboard Empire, currently with 5 stores in South East Qld
+ Located across from one of the Sunshine Coast’s most iconic surf breaks and has been successfully trading as a surf shop since the 1970’s
+ Located on the ground floor of the Grand Palais with exposure to over 15,500 vehicles a day
+ Highly sought after beachside investment in the heart of Alexandra Headlands on Qld’s Sunshine Coast
+ Sunshine Coast: significant trade area growth through high density residential developments with the population set to grow by 32% from 351,424 to 518,004 by 2041
+ Current net income $65,849 pa plus GST