9-12/77 Mooloolaba Esplanade,
Mooloolaba, QLD 4557
Shops & Retail • Medical & Consulting
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Kelly & Co Property - Brisbane
Level 12, 324 Queen StreetBRISBANE CITY, QLD 4000
04122444...
9-12/77 Mooloolaba Esplanade
Mooloolaba, QLD 4557
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Medical & Essential Service Investment - Rare & Secure 17+7 Year Lease to 2041
- Attractive fixed 4% rent increases
- High exposure to pedestrian traffic
- Pharmacy established over 50 years
+ Secure 17 year lease to 2034 plus 1 x 7 year option to 2041
+ Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath
+ Prime, high exposure position on Mooloolaba’s glamorous beachfront esplanade
+ Centrally located amidst high density multi-storey beachfront tourism precinct
+ Highly successful business, operating for 50+ years
+ Refurbished building with tenant occupying entire ground floor comprising 401* sqm
+ Attractive fixed 4% annual rent increases
+ Tenants pay all usual outgoings as per the lease
+ The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000* by 2036
+ Net Income: $389,839 pa + GST (as at December 2020)
Auction: Commencing 11am Wednesday 23 September 2020
Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day)
*Approximate
+ Long standing tenants: Mooloolaba Beach Pharmacy (95% income) and Osteopath
+ Prime, high exposure position on Mooloolaba’s glamorous beachfront esplanade
+ Centrally located amidst high density multi-storey beachfront tourism precinct
+ Highly successful business, operating for 50+ years
+ Refurbished building with tenant occupying entire ground floor comprising 401* sqm
+ Attractive fixed 4% annual rent increases
+ Tenants pay all usual outgoings as per the lease
+ The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000* by 2036
+ Net Income: $389,839 pa + GST (as at December 2020)
Auction: Commencing 11am Wednesday 23 September 2020
Venue: Auctionworks, 50 Margaret Street, Sydney (interstate bidding options available on the day)
*Approximate
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Property ID: 503629750Last Updated: 14 Apr 2021
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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