Coastal Cash Flow. Huge Returns in Prime Beachside Retail
The Details
Location: Sunshine Coast, QLD
Type: Retail
Purchase Price: $625,000
Net Yield: 6.88 %
Cashflow: $15,843 (70% loan at 6.5%)
Lease: 5 years lease , with 2 x 5-year renewal options
Total Area: 92 sqm
WHY WE LOVE THIS PROPERTY:
Excellent location with corner exposure, opposite the beach and holiday park
Situated in the most tightly held and best performing commercial precincts in Sunshine Coast
Easy access to all these amenities and attractions - has the perfect balance in business and lifestyle
Versatile space which has always been leased to a range of different businesses in the past