Brand New 7 Year Net Lease to 2030 | Impressive Boutique Beauty Salon & Bar

Burgess Rawson is pleased to offer to the market Ms Monaco Hair Society located at 11 Courage Street, Sippy Downs (Sunshine Coast) QLD for sale via Expressions of Interest.

This opportunity has the following key investment highlights:

+ Brand new seven (7) year net lease to 2030 plus one (1) further five (5) year option to 2035
+ Ms Monaco Hair Society: Sunshine Coast’s premier hair salon, renowned for delivering a boutique and luxury experience backed by decades of industry expertise
+ Immaculately presented 280sqm* premises with a high-end boutique $400,000 tenant funded AAA fit out
+ Annual fixed compounding 3% rent increases, ensuring certain income growth
+ Investor preferred net lease structure with the tenant paying all outgoings
+ Brand new construction providing tax saving depreciation benefits
+ Single tenant, providing easy to manage income stream
+ Nine (9) motor vehicle and three (3) motorbike parking spaces on title
+ Strategically located opposite the University of the Sunshine Coast and situated in the centre of the rapidly expanding Sippy Downs Town Centre development precinct
+ Well positioned corner site within a prime schooling catchment – 5 schools within a 2km* radius servicing 6,000+ students
+ Situated within a 1km radius of HQ Sippy Downs, High Steet Residences, and The Views Residences, forming 2,200+ dwellings and housing 5,700 people
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000, forecast to grow by 33% to over 500,000 by 2041
+ Net Income: $130,200 pa* + GST

For Sale by Expressions of Interest Closing 3:00pm AEST Thursday 28 September 2023.

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.