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11 Courage Street
Sippy Downs QLD 4556
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Sold on 7 Nov 2023

11 Courage Street Sippy Downs QLD 4556

  • Shop & Retail
  • 280 m²
  • Sold

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.

    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold7 Nov 2023
    Floor Area280 m²
    Land Area4,287 m²
    ParkingAsk Agent
    Property ID2018718302
    Category
    Last updated  14 Nov 2023
    Map for 11 Courage Street Sippy Downs QLD 4556
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold7 Nov 2023
    Floor Area280 m²
    Land Area4,287 m²
    ParkingAsk Agent
    Property ID2018718302
    Category
    Last updated  14 Nov 2023

    Co-Agents

    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Josh Scapolan
    Josh Scapolan
    Burgess Rawson Queensland
    Call
    0484 229 829

    More about 11 Courage Street Sippy Downs QLD 4556

    11 Courage Street Sippy Downs QLD 4556 is categorized as Shop & Retail Property. It has a floor area of 280 m² and a land area of 4,287 m². The listing ID for this property is 2018718302.

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