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2-4 Melaleuca Street Kuluin, QLD 4558

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2-4 Melaleuca Street,
Kuluin, QLD 4558

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AUCTION CANCELLED – SOLD PRIOR - Suburban Freestanding Retail Investment & Value Add Opportunity

  • Multiple Income Streams
  • Net Income of $88,642.86pa*
  • 10 separate retail tenancies
Savills on behalf of the seller are pleased to present 2–4 Melaleuca Street, Kuluin, a single level freestanding retail investment for sale. This rare offering presents great diversity from multiple income streams with additional value to be added by leasing the last remaining tenancy.

- 656sq m* of Ground Floor Area
- Positioned on a corner 2,381sq m* parcel of land
- 93%* tenanted with great potential to add value (only one vacancy)
- Estimated net income of $88,642.86pa*
- Ten (10) individual tenancies with seven (7) tenants currently in place, two tenants occupy two tenancies
- Ample off-street car parking with drive through access
- Great street presence and exposure
- Ideally situated within thriving residential suburb and across the road from Kuluin State School
- Local Centre zoning provides great flexibility for future tenants
- 800m* to Maroochydore Road
- 1km* to IGA complex and new proposed Coles & Liquorland development
- 3km* to Maroochydore CBD
- 5km* to Sunshine Motorway
- 6km* to Bruce Highway Interchange
(*Approx.)

Contact Exclusive Agent Will Carman 0477 666 355 to arrange an inspection.

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Property ID: 502677462Last Updated: 12 Apr 2018

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07 5313 75...
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2-4 Melaleuca Street
Kuluin, QLD 4558
Savills - Sunshine Coast
Level 5, 26 Duporth Avenue
MAROOCHYDORE, QLD 4558

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