9-12/77 Mooloolaba Esplanade Mooloolaba QLD 4557

Shop & Retail
401 m²
Sold

Medical & Essential Service Investment - Rare & Secure 17+7 Year Lease to 2041

+ Secure 17 year lease to 2034 plus 1 x 7 year option to 2041
+ Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath
+ Prime, high exposure position on Mooloolabas glamorous beachfront esplanade
+ Centrally located amidst high density multi-storey beachfront tourism precinct
+ Highly successful business, operating for 50+ years
+ Refurbished building with tenant occupying entire ground floor comprising 401* sqm
+ Attractive fixed 4% annual rent increases
+ Tenants pay all usual outgoings as per the lease
+ The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000* by 2036
+ Net Income: $389,839 pa + GST (as at December 2020)

Auction: Commencing 11am Wednesday 23 September 2020
Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day)

*Approximate

AUCTION

Auction date and time	23/09/2020 11:00
Auction location	Auctionworks, 50 Margaret Street, Sydney NSW

_Archived_Kelly & Co Property Pty Ltd

Level 24/324 Queen Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	23 Sep 2020
Floor Area	401 m²
Land Area	401 m²
Parking	Ask Agent
Property ID	2016441991
Category	Shop & Retail Medical / Consulting
Last updated	23 Sep 2020

Map for 9-12/77 Mooloolaba Esplanade Mooloolaba QLD 4557

Nearest transport* to 9-12/77 Mooloolaba Esplanade Mooloolaba QLD 4557

Bus

Train

Tram

Ferry

Walan St near Smith St	242 m
Walan St near Bahlaka St	253 m
Mooloolaba Esp at Meta Street	402 m
Mooloolaba, River Esplanade	424 m

*Within a 4km radius

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_Archived_Kelly & Co Property Pty Ltd

Level 24/324 Queen Street

Brisbane City, QLD 4000

Property Highlights

Date Sold	23 Sep 2020
Floor Area	401 m²
Land Area	401 m²
Parking	Ask Agent
Property ID	2016441991
Category	Shop & Retail Medical / Consulting
Last updated	23 Sep 2020

Listed by

_Archived_Kelly & Co Property Pty Ltd

Call

07 3220 3611

More about 9-12/77 Mooloolaba Esplanade Mooloolaba QLD 4557

9-12/77 Mooloolaba Esplanade Mooloolaba QLD 4557 is categorized as Shop & Retail Property. It has a floor area of 401 m² and a land area of 401 m². The listing ID for this property is 2016441991.