19 Coral Street Maleny QLD 4552

To enquire, please email or call 1300 815 051 and enter code 5264

19 Coral St Maleny is the home of Maleny Holistic Health Centre. Fully tenanted with a 7.1% yield, this investment provides income from day one. With tenancies in demand, the popular location houses seven holistic health practitioners in eight practice rooms. Each room has split system air conditioning, and a sink/basin with hot and cold water. There are three toilets, a bathroom with shower, a shared lobby and front and rear verandas. The site provides seven parking spaces.

The property falls under 'District Centre' zoning and is ideally located in close proximity to cafés, restaurants, and professional services. The building, a converted Queenslander has 238 sq mtrs total floor area comprised of 176 sq mtrs main floor area, 49 sq mtrs of covered veranda and 13 sq mtrs store room. The total land area of the building and exclusive use area is 658 sq mtrs and the Centre shares a driveway of 170 sq mtrs.

This is what makes the Maleny Holistic Health Centre special.
One Owner for 20 years. Loyal tenants -most occupying for many years- and loyal clients.
High recognition business, high visibility location. Registered business name available to buyer.
Services included in tenant rental: water, hot water, lighting, internet wifi, CCTV security of grounds. Electricity use charged via meter to tenants.
Title is Lot 1 in Coral Place CMS - there are currently no standing expenses for the CMS all operating costs are handled by each CMS lot.
Gross Income current year is $61,500; net income $53,600
Practice Room pictures and Building and Pest Inspection Report available. Inspection by appointment.

To enquire, please email or call 1300 815 051 and enter code 5264