Pharmacy - Lots 9-12/77 Mooloolaba Esplanade, MOOLOOLABA QLD 4557
Auction: Tuesday, 22 September 2020
Description
+ Secure 17 year lease to 2034 plus 1 x 7 year option to 2041 + Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath + 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 + Refurbished building with tenant occupying entire ground floor comprising 401 sqm + Attractive fixed 4% annual rent increases + Tenants pay all usual 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) Auction: Commencing 11am Wednesday 23 September 2020 Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day) *Approximate
