SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Prime Sunshine Coast Beachside Investment

9/188 Alexandra Parade , Alexandra Headland QLD

Property Highlights

New 5 year lease with options to 2037
Tenant pays 100% of Outgoings
Surf shop in occupation for over 20yrs
Register to Bid

Description

+ Brand new 5 year lease to 2027
+ 2 x 5 year options through to 2037
+ Fixed 3% annual increases assuring growth
+ Favourable net lease, with tenant paying 100% of outgoings as per lease
+ Alex Surf is now apart of the Surfboard Empire, currently with 5 stores in South East Qld
+ Located across from one of the Sunshine Coast’s most iconic surf breaks and has been successfully trading as a surf shop since the 1970’s
+ Located on the ground floor of the Grand Palais with exposure to over 15,500 vehicles a day
+ Highly sought after beachside investment in the heart of Alexandra Headlands on Qld’s Sunshine Coast
+ Sunshine Coast: significant trade area growth through high density residential developments with the population set to grow by 32% from 351,424 to 518,004 by 2041
+ Current net income $65,849 pa plus GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
91 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights