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    • About this property
    • Explore Maroochydore
    • Investment data
    • Long Term National Tenanted Investment with Brand New Ten Year Lease

      Property ID 1552264
      Ray White Commercial North Coast Central is proud to present one of the Jewels in the Crown, located at 72 Aerodrome Road, Maroochydore.

      - Immaculate building with National Drive-Thru Tenant - SUBWAY
      - Existing tenant renewing for another 10 years with 2 x 10 year options
      - 721m2 corner block with a building area of 132m2
      - Positioned on the major arterial road leading to Sunshine Plaza and the new CBD
      - 500m to the beach and 600m to the Ocean Street precinct
      - A first class, stand alone drive through location

      Tenancy Details:
      Tenant: Subway Drive-Thru (Subway Realty Pty Ltd)
      Lease Commencement: 01/12/2016
      Lease Expiry: 30/11/2026
      Term: 10 Years
      Option: 2 x 10 Years
      Returning: $82,245.60 P/A Net
      Outgoings: 100% paid by tenant
      Annual Increases: CPI
      Market Review: Every 5 years

      Expressions of Interest close 5pm, Thursday 17th November, 2016.

      Contact Exclusive Marketing Agents for further information.
    • 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
      Financial Details
      Rental Income (Weekly) $1,581 *
      Gross Annual Income $82,437 *
      Other Costs (Annually) $22,171 *
      Total Annual Costs $22,171 *
      Nett Annual Income $60,266 *

      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.