8 Market Lane Maroochydore QLD 4558

Situated within the new Maroochydore CBD, Australia's first truly 'smart city', Foundation Place offers and opportunity to acquire the Sunshine Coast's premier office asset with the following investment highlights:

+ Situated within the new Maroochydore CBD, a $2.5b billion greenfield development which features Australia's fastest and newest international data submarine broadband cable and first automated underground waste collection system.
+ Fully leased, newly constructed 5,426 sqm A-grade office, underpinned by secure tenant covenants.
+ Expectional asset characteristics including floor to ceiling glass, end of trip facilities, high quality retail and rooftop entertaining area offering panoramic views of the Sunshine Coast skyline.
+ Excellent financial fundamentals with low incentive profile and stable net effective cashflow representing a 3.35 year WALE profile by income, with no lease expiries until 2025.
+ High calibre of tenants including banking, engineering, retail, government with approximately 72.5% of the income derived from AA+, AA1 & AA+ rated State Government, Multinational or ASX-listed occupants.
+ Contemporary architectural design and market leading sustainability credentials, reflecting a 5-star NABERs energy rating; the first private commercial building rated at this level on the Sunshine Coast.

Foundation Place, Maroochydore is offered for sale via Expressions of Interest closing 3:00pm (AEST) Thursday 29 February 2024

*All metrics are approximate and as at 1 March 2024.