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

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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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

_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

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.