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6% Net Yield | $5,950,000+ | Fully Leased Bluechip Lifestyle investment

4/10 Capital Place , Birtinya QLD

Property Highlights

Outstanding national & local tenants
Fixed 3-4% rental increases
Favourable net lease structures
Register to Bid

Description

+ Fully leased bluechip lifestyle investment in one of Queensland’s most desirable locations.
+ Highly successfully national and local tenants – City Cave, Zero Latency, Scooter & Skate and Infinity Martial Arts on long term leases with 7.4-year WALE.
+ First time offered to market.
+ Favourable net leases – tenants pay all outgoings.
+ Fixed annual rental increases of 3-4% annually.
+ 146 on-site car parks.
+ Ideally situated between the Sunshine Coast’s two major CBDs of Caloundra and Maroochydore.
+ Sunshine Coast: Population forecast to grow by over 32%, from 351,424 to 518,004 by 2041.
+ Net Income: $356,899 pa + GST*.

For Sale via ‘Offers to Purchase’
Closing 4pm (AEST), Wednesday 23 March (if not sold prior)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
12,700 SQM
Building Area
2,086 SQM

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