Colliers & CBRE are pleased to present to the market an opportunity to purchase a Premium Investment in the heart of Maroochydore's CBD.
13-15 Beach Road is improved with a single level 998sqm* freestanding building, which is 100% leased to Queensland State Government for the past 12 years on a 2 year lease, with a 2 year option.
Key Features Include
- Land: 2,183m²* | Building: 998m²*
- Fully leased to Queensland Government's Department of Communities, Child Safety & Disability
- Estimated Net annual income of $374,000*
- 2 year lease expiring December 2024 plus a 2 year option
- Ample on-site parking, with 32 secure outdoor parking bays and 3 undercover car parks
- Located on the fringe of the rapidly developing Maroochydore CBD
- Close to shopping centres, restaurants and the regions premier entertainment precinct
- Walking distance to major transport routes, Cotton Tree beaches and scenic Maroochy River
- Opportunity to reposition and redevelop the site as a 6 level* residential complex in a highly desirable location
For Sale by Expressions of Interest closing Wednesday 9 August 2023 at 4pm.
For more information, or to arrange an inspection, please contact the joint exclusive marketing agents Nick Dowling, Daniel Vella of Colliers and Rem Rafter of CBRE.
*Approximately