High Profile, Long Term Tenanted Investment For Sale in Mooloolaba
Type: FOR SALE
- Category :
- Building Area: 110
- Tenancy: Tenanted
Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present Lot 2, 130-164 Brisbane Road, Mooloolaba for sale as a tenanted investment by the way of Expressions of Interest closing Thursday 31st October 2019 at 4pm.
This property is located in a high profile complex on Brisbane Road, being the main road between Mooloolaba Beach, the Sunshine Motorway and Nicklin Way which boasts huge foot and drive-by traffic which has attracted tenants to the location for years.
Brisbane Road is becoming an increasingly popular destination for well established Sunshine Coast businesses. This property is tenanted to Bamboo House, a well known and highly rated Japanese and Sushi restaurant. Council have upgraded the area including a bicycle and walking track.
Tenant: Bamboo House
Operational: 5 years in this location
Lease Commencement: 1 Jan 2015
Lease Expiry: 31 December 2024
Option: 1 x 5 years
Increases: CPI annually
Current Net Rent: $38,976.46
Outgoings: 100% paid by the tenant
This property is being sold by the way of Expressions of Interest closing Thursday 31st October 2019 at 4pm.
For further information or to arrange an inspection please contact Exclusive Marketing Agent Emily Pendleton.