Building 2, 10 Capital Pl, Kawana (A142)
Auction: Tuesday, 23 February 2021
Description
+ Absolute blue-chip growth location opposite Sunshine Coast?s largest Homemaker Centre ? anchored by Bunnings, Anaconda & Spotlight + Close proximity to Stockland Shopping Centre (anchored by Coles & Aldi and one of Australia?s largest health precinct including the new $1.8 billion State-Of-The-Art Sunshine Coast Hospital + Long term secure leases of 15 years, 8 years, 6 years and 5 years. Strong WALE of 5 years + Excellent depreciation benefits, potential for 43% of the first years income to be free of income tax + Anchored by a long term head lease to Subway with complimentary tenants Decisions Caf�, Mint Espresso Bar and Body & Face Co. + Strong rental growth, fixed compounding 4.0%, 3.0% & CPI annual rent increases + Building 2 is ideally located at the entrance of ?Capital Place? with maximum road frontage to Capital Place & Kawana Way ? over 40,000 vehicles passing daily + Modern retail building of 361 sqm, situated in the exceptionally busy retail centre of ?Capital Place? ? an overall lettable area of 5,968sqm on a prominent site of 1.27ha + Kawana/Birtinya: Major growth location. Sunshine Coast is set for significant growth over the next 20 years with population forecast to grow by over 32%, from 351,424 to 518,004 by 2041 + Net Income: $168,126 pa + GST To be sold by Burgess Rawson Investment Portfolio Auction: 11.00am (AEDT), Wednesday 24 February 2021 This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
