4/79 Edmund Street Kings Beach QLD 4551

RWC Retail are proud to present 4/79 Edmund Street, Kings Beach QLD. For Sale by Auction on Friday 21st February, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Brand new 10 year lease until 2034
• Single tenanted investment
• Established Japanese restaurant Yum Wasabi, a Sunshine Coast favourite operating since 2021
• 185sqm* beachfront retail investment with exclusive alfresco dining
• Two basement car parks and exclusive-use basement storage
• Net Income of $91,384 + GST p.a.

|Where|
• Beachfront positioning directly across from the famed Kings Beach
• Located in the broader Caloundra area, which is at the Southern end of the Sunshine Coast
• The Sunshine Coast is one of Queensland's fastest growing regions, with the population expected to grow by 35% to over 500,000 by 2041
• Soon to be serviced by the new $5.5 billion Sunshine Coast Rail extension

|Why|
• The ideal entry-level investment
• A true passive investment with the tenant is responsible for the majority of all usual outgoings
• Fixed 2.75% annual increases, guaranteeing strong rental growth
• Easy customer access with a high-rise resort directly above, and ample council and street car parking available