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Retail Investment Opportunity - Sunshine Coast HinterlandProperty ID 1523567- Established tenant with 3 yr lease + 3 yr options
- Net Rental - $20,385 PA + Outgoings + GST
- 85m² net lettable area
- High profile corner in tourist precinct village centre
- Car parking located at rear
This bite size retail investment is located in the centre of Mapleton and boasts breathtaking views across the Sunshine Coast hinterland and out to the ocean. Currently leased to a well established dine-in & take away Indian restaurant, this is a fantastic investment opportunity.
The 85m² of NLA consists of a ground floor kitchen and reception and an upstairs dining space with indoor or balcony seating. With solid tenants in place this iconic location in Mapleton has always been a popular hot spot for both locals and tourists.
Contact the marketing agents to place register your interest or to see how this investment can work for you.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Other Information Council/Shire Sunshine Coast Council Lots in Complex 9 Financial Details Rental Income (Weekly) $380 * Gross Annual Income $19,814 * Council Rates (Annually) $1,461 Strata Fees (Annually) $2,500 Total Annual Costs $3,961 * Nett Annual Income $15,852 *
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.