108-112 Sugar Road,
Maroochydore, QLD 4558

* Land area 7,093m2
* Building area 2,532m2
* High profile position along the main street –approximately 76.8m of frontage to Sugar Rd
* Good on-site car parking
* Easy access from two wide access ramps off Sugar Road
* Complex is anchored by a National and International Tenant – Stegbar Pty Ltd who have been in this location for approximately 26 years and occupy 68% of the building
* Excellent net rental returns with long leases in place (tenancy wale is 3.79 years) and demolition clauses for future development
* Current net rental return is approximately $326,452.00 (excluding land tax)
* The property is one of the largest and last remaining development sites along Sugar Road
* Tightly held precinct which presents a rare opportunity for an astute investor/developer

For Sale by Expressions of Interest closing Wednesday 21 October at 4pm.

For more information, please contact Tony Rich on 0417 744 265.