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Blue Chip Medical Investment – Leased to ASX-Listed Subsidiary

51-55 The Esplanade, Maroochydore QLD

Property Highlights

Brand new 7 year lease to 2026
Fixed 3% annual rent increases
Tenant pays usual outs inc Land Tax

Description

+ Brand new 7 year lease to 2026 plus 5 year option to 2031
+ Guaranteed rental growth – fixed 3% annual rent increases
+ Tenant pays all usual outgoings including land tax as per the lease
+ Excellent lease security through corporate guarantee by ASX Listed Vita Group Ltd – Market Cap $199m
+ Premium 219 sqm retail fronting The Esplanade plus 55 sqm of on-title outdoor space
+ Secure and undercover car parking for 4 vehicles plus plenty of on street parking
+ Artisan Aesthetic Clinic: A premium and bespoke, medical aesthetics group with 11 centre across Australian and growing.
+ Part of Maroochydore’s newest premium retail and residential offering ‘The Cosmopolitan’
+ Maroochydore: Geographic centre of the Sunshine Coast and major commercial precinct. Huge investment into the immediate area with the Sunshine Plaza expansion alone set to cost $400,000,000. Population of the Sunshine Coast region is approximately 298,000 and set to rapidly increase to 470,000 by 2036.
+ Net Income: $175,000 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Building Area
219 SQM

Contact Agents

Doug Doyle

+614 005 64623

Contact Me

Scott Meighan

0413 830 709

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