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14-15/23 Cotton Tree Parade, MAROOCHYDORE QLD

Cotton Tree Parade, Maroochydore

EOI Closes: Wednesday, 17 July 2019

Circa 6% Yield
Price
185sqm
Size
retail

Description

New 7 year lease plus options to 2040 Tourist hotspot opposite waterfront Rare national tenanted investment on the famous Sunshine Coast, 90 minutes north of Brisbane, 30 minutes south of Noosa Neighbours Coffee Club, Discount Drugstore, Australia Post and other local retailers BWS is the largest liquor retailer in Australia with 1,326 stores nationally 2 Separately titled combined lots comprising 185 sqm (123 sqm + 61 sqm) Tenant pays outgoings as per the lease Inflation beating CPI + 1% rent increase Net Income: $117,490 pa + GST For sale via Deadline Private Treaty - offers closing 4pm AEST Thursday 18 July 2019

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14-15/23 Cotton Tree Parade, MAROOCHYDORE QLD | Nordmarq Property