88 Aerodrome Road Maroochydore QLD 4558

Shop & Retail
797 m²
Sold

Prime Freehold Investment Opportunity with Significant Future Upside

Net lettable area: 797sqm*
Net rent income: $165,967.57pa* + GST
Lifeline lease to 2026 with a 5yr option

Colliers is pleased to present 88 Aerodrome Road, Maroochydore, a rare opportunity for an investor to acquire a freehold in a prominent location on one of the Sunshine Coast's busiest roads, with over 18,065* cars passing daily.

Currently leased by the Uniting Church in Australia for their "Lifeline" brand, the property
provides a passive investment with strong rental income and future development potential.
Functional features of the property include dual frontages and access to both Aerodrome
Road and Parker Street, warehousing with drive-thru capabilities and retail showroom with expansive shop front and rear loading.

Key Attributes:-
- Net lettable area: 797sqm*
- Land area: 1,456sqm*
- Net rent income: $165,967.57pa* + GST
- Lifeline lease to 31/03/2026 with a 5 year option
- Major building refurbishment by tenant in 2021
- Car parks: 15 spaces with additional street parking
- Zoned Principal Centre , current height limit 18m*. A new town planning scheme is imminent.

For sale via Expressions of Interest closing Wednesday 28 August 2024 at 4pm.

For more information or to arrange an inspection please contact Daniel Vella.

*Approx.

EXPRESSION OF INTEREST

Closing date and time	28/08/2024 16:00
Recipient name	Ask Agent
Delivery address	Colliers Sunshine Coast

Colliers International Sunshine Coast

Level 5, 57 The Esplanade

Cotton Tree, QLD 4558

Property Highlights

Date Sold	27 Aug 2024
Floor Area	797 m²
Land Area	1,456 m²
Parking	15 x Onsite parkings
Property ID	2019383974
Category	Shop & Retail
Last updated

Map for 88 Aerodrome Road Maroochydore QLD 4558

Nearest transport* to 88 Aerodrome Road Maroochydore QLD 4558

Bus

Train

Tram

Ferry

Aerodrome Rd at Rose Street	52 m
Aerodrome Rd at Rose Street	85 m
Second Ave near Parker St	213 m
Bungama St near May St	219 m

*Within a 4km radius

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Colliers International Sunshine Coast

Level 5, 57 The Esplanade

Cotton Tree, QLD 4558

Property Highlights

Date Sold	27 Aug 2024
Floor Area	797 m²
Land Area	1,456 m²
Parking	15 x Onsite parkings
Property ID	2019383974
Category	Shop & Retail
Last updated

Listed by

Daniel Vella

Colliers International Sunshine Coast

Call

+61 422 373 990

More about 88 Aerodrome Road Maroochydore QLD 4558

88 Aerodrome Road Maroochydore QLD 4558 is categorized as Shop & Retail Property. It has a floor area of 797 m² and a land area of 1,456 m². There are 15 x onsite parkings.The listing ID for this property is 2019383974.