Brand New Sunshine Coast Retail Investment

123 sippy downs drive, sippy downs qld

Price: For Sale by Auction

  • 10 Year Lease with Options until 2042
  • PLUS 3% Rent Increases
  • Thriving Sunshine Coast Region

Property Details

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Immaculate 222 sqm shop in new development comprising various quality food and medical tenants
New development allowing generous tax depreciation benefits
Popular brand Banjo’s Bakery Cafe with 40 locations along eastern seaboard
Attractive 10 year lease + 3% annual rent increases assuring growth
Lessee pays all usual outgoings excluding land tax
Prime retail location adjacent new Coles anchored shopping centre & University
Population 361,871 with excellent demographics - 39,550 residents located within 10 minute walk

Net Income: $157,263 pa + GST (as at 31 July 2019)

Featured Details

Current Tenant Tenanted
Gross Building Area 222 sqm
Land Size 222 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003463

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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