88 Aerodrome Road Maroochydore QLD 4558

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.