Medical & Essential Service Investment – Rare & Secure 17+7 Year Lease to 2041

Description

+ Prime high exposure position on Mooloolaba’s glamorous beachfront esplanade
+ Centrally located amidst high density multi-storey beachfront tourism precinct
+ Highly successful business, operating for 50+ years
+ Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath
+ Refurbished building with tenant occupying entire ground floor comprising 390 sqm
+ Attractive fixed 4% annual rent increases
+ Tenant pays all outgoings as per the lease
+ The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000 by 2036
+ Net Income: $389,839 pa + GST (as at December 2020)

For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September

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Contact agents
Raoul Holderhead Partner
0413 860 304
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Mooloolaba, QLD

9-12/ 77 Mooloolaba Esplanade

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 139

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