125 Parklakes Drive,
Bli Bli, QLD 4560

Shops & Retail

Price information

Sale

$450,000

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of 125 Parklakes Drive

Directions

Bus stops within 5 km of 125 Parklakes Drive, Bli Bli, QLD 4560	Distance
Parklakes Dr Near Waterhole Pl	1.1 km
Thomas Rd Near Samantha Dr	1.7 km
Thomas Rd Near Bellevue St	2.1 km
Willis Rd Near Lefoes Rd	2.4 km
Willis Rd Near School Rd	2.4 km

Rare Entry Level Investment - Thriving Cafe & Bar with Outdoor Playground

Land lease with Sunshine Coast Council u
Established café tenant in place
8.12%* yield based on net annual rental

Colliers are pleased to present to the market for sale, 125 Parklakes Drive, Bli Bli, which forms part of the Bli Bli Northern Village Master Planned Residential Community.

The opportunity presents a unique, entry level retail investment with a secure land lease in place with the Sunshine Coast Council to 2038 and an established and well-respected local café operator, “The Local Parklakes”, secured as the tenant.

Key Features:
- Total NLA: 146sqm* including internal and external areas
- 8.12%* yield based on net annual rental

Land lease:
- From Sunshine Coast Council to 2038 (comfort letters provided every ten years).
- Annual rental charged by SSC Council: $15,031.56pa + GST (outgoings included).

Building lease:
- Leased to established café operator, “The Local Parklakes”, until 2027 with a further 2 x 3-year options.
- Rental income: $58,406.40pa + GST (outgoings included)
- 4% annual rent reviews + market reviews built into lease
- Ample onsite car parking
- Situated within large and rapidly growing residential catchment

For Sale: $450,000.

For further information or to arrange an inspection please contact exclusive agents Daniel Vella & Millie Worcester.

*Approx.

Property ID: 504560300Last Updated: 3 Dec 2024