Fully Leased Investment Opposite Bunnings & Anaconda

Building 3, 10 Capital Place, Birtinya QLD

Property Highlights

Strong WALE of 4.95 years
Fixed 3.5% & 4.0% rent increases
40,000 cars passing daily

Description

+ Absolute blue-chip location opposite Sunshine Coast’s largest Homemaker Centre (Bunnings, Anaconda, Spotlight etc). Within 1km – Stockland Shopping Centre (anchored by Coles & Aldi), Australia’s largest health precinct including the new State-Of-The-Art Sunshine Coast University Hospital
+ Long term secure leases of 12, 10, 7.5 and 6 years
+ Guaranteed rental growth, fixed compounding 3.5% & 4.0% annual rent increases
+ 100% leased investment, highly successful businesses
+ Nutrition Warehouse: Australia’s leading sports and general health supplement retailer with over 60 stores nationally
+ Emjays Café: Extremely successful and busy cafe servicing over 30,000sqm of local office space and more than 300 residential units
+ Allens (First Aid) Training: Medical training facility, recognised by industry leaders as a premium trainer with 10 locations in SE QLD
+ Hiit: High Intensity Interval Training, proven operator, network of 4 locations with over 80,000 followers
+ Tenants pay all usual outgoings
+ Modern building of 1,261 sqm, situated in the exceptionally busy retail centre of ‘Capital Place’ – an overall lettable area of 5,967sqm on a prominent site of 1.27ha
+ Kawana/Birtinya: Major growth location with over 40,000 vehicles passing daily, $1.8 billion Sunshine Coast University Hospital, $87 million Stockland Shopping Centre and home to the Sunshine Coast’s largest Homemarker centre. A trade area population of nearly 150,000 and forecast to grow to 182,000 by 2031
+ Combined Net Income: $266,294 pa + GST

For Sale by Investment Portfolio Auction
11.00am (AEDT) Wednesday 28 October

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Large Format Retail
Land Size
12,700 SQM
Building Area
1,261 SQM

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