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125 Parklakes Drive
Bli Bli QLD 4560
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125 Parklakes Drive Bli Bli QLD 4560

  • Shop & Retail
  • 146 m²
  • For Sale, $450,000 (excl. GST)

Rare Entry Level Investment - Thriving Cafe & Bar with Outdoor Playground

  • Land lease with Sunshine Coast Council u
  • Established café tenant in place
  • 8.12%* yield based on net annual rental

Colliers are pleased to present to the market for sale, 125 Parklakes Drive, Bli Bli, which forms part of the Bli Bli Northern Village Master Planned Residential Community.

The opportunity presents a unique, entry level retail investment with a secure land lease in place with the Sunshine Coast Council to 2038 and an established and well-respected local café operator, "The Local Parklakes", secured as the tenant.

Key Features:
- Total NLA: 146sqm* including internal and external areas
- 8.12%* yield based on net annual rental

Land lease:
- From Sunshine Coast Council to 2038 (comfort letters provided every ten years).
- Annual rental charged by SSC Council: $15,031.56pa + GST (outgoings included).

Building lease:
- Leased to established café operator, "The Local Parklakes", until 2027 with a further 2 x 3-year options.
- Rental income: $58,406.40pa + GST (outgoings included)
- 4% annual rent reviews + market reviews built into lease
- Ample onsite car parking
- Situated within large and rapidly growing residential catchment.

For Sale: $450,000

For further information or to arrange an inspection please contact exclusive agents Daniel Vella & Millie Worcester.

*Approx.

Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Floor Area146 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019163722
Category
Last updated  20 Sep 2024
Map for 125 Parklakes Drive Bli Bli QLD 4560
Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Floor Area146 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019163722
Category
Last updated  20 Sep 2024

Co-Agents

Millie Worcester
Colliers International Sunshine Coast
Call
+61 438 722 880
Daniel Vella
Colliers International Sunshine Coast
Call
+61 422 373 990

More about 125 Parklakes Drive Bli Bli QLD 4560

125 Parklakes Drive Bli Bli QLD 4560 is categorized as Shop & Retail Property. It has a floor area of 146 m². The listing ID for this property is 2019163722.

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