Location Location Location. Specialty Store Sweet Spot!

The Details

Location: Sunshine Coast, QLD

Type: Off Market Retail

Purchase Price: $1,000,000

Net Yield: 6.60 %

Cashflow: $20,901 (70% loan at 6.5%)

Lease: 5 years alread + new 2-year lease with two x 3-year renewal options

Total Area: 42 sqm

WHY WE LOVE THIS PROPERTY:

Street fronting property, strong foot traffic, strong lease

Prominent beach front strip location

6km to Maroochydore CBD

Popular coastal suburb blessed with a sparkling coastline which has been consistently voted one of Queensland's best beaches