Prime Retail Investment – New 7 Year Lease to BWS – Tightly Held Tourism Hotspot

14-15/23 cotton tree parade, maroochydore qld

Price: Circa 6% Yield

  • New 7 year lease plus options to 2040
  • Tourist hotspot opposite waterfront
  • Absolute prime retail investment

Property Details

High profile retail shop offering prime exposure opposite waterfront and only 100m to surf beach
Neighbours Coffee Club, Discount Drugstore, Australia Post and other local retailers
BWS is the largest liquor retailer in Australia with 1,326 stores nationally
Rare offering of nationally tenanted retail investment in the Cotton Tree retail & tourism hotspot, on the famous QLD Sunshine Coast, 90 minutes north of Brisbane, 30 minutes south of Noosa
2 Separately titled combined lots comprising 185 sqm (123 sqm + 61 sqm)
Tenant pays outgoings as per the lease
CPI + 1% rent increase (commencing 2022)
Net Income: $117,490 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 185 sqm
Land Size 185 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000603

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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