Premium Retail Investment Opposite Bunnings & Anaconda

Building 2, 10 Capital Place, Birtinya QLD

Property Highlights

Secure 15 year lease to Subway
Fixed 4.0%, 3.0% and CPI rent increases
40,000 cars passing daily


+ Absolute blue-chip growth location opposite Sunshine Coast’s largest Homemaker Centre – anchored by Bunnings, Anaconda & Spotlight
+ Close proximity to Stockland Shopping Centre (anchored by Coles & Aldi and one of Australia’s largest health precinct including the new $1.8 billion State-Of-The-Art Sunshine Coast Hospital
+ Long term secure leases of 15 years, 8 years, 6 years and 5 years. Strong WALE of 5 years
+ Excellent depreciation benefits, potential for 43% of the first years income to be free of income tax
+ Anchored by a long term head lease to Subway with complimentary tenants Decisions Café, Mint Espresso Bar and Body & Face Co.
+ Strong rental growth, fixed compounding 4.0%, 3.0% & CPI annual rent increases
+ Building 2 is ideally located at the entrance of ‘Capital Place’ with maximum road frontage to Capital Place & Kawana Way – over 40,000 vehicles passing daily
+ Modern retail building of 361 sqm, situated in the exceptionally busy retail centre of ‘Capital Place’ – an overall lettable area of 5,968sqm on a prominent site of 1.27ha
+ Kawana/Birtinya: Major growth location. Sunshine Coast is set for significant growth over the next 20 years with population forecast to grow by over 32%, from 351,424 to 518,004 by 2041
+ Net Income: $168,126 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction:
11.00am (AEDT), Wednesday 24 February 2021

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Details

Current Tenant
Occupancy Type
Large Format Retail
Land Size
17,200 SQM
Building Area
361 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights