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Colliers - Sunshine Coast

Lots 1 & 2/1 Emerald Street Cooroy, QLD 4563

Lots 1 & 2/1 Emerald Street,
Cooroy, QLD 4563

Offices • Shops & Retail

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Colliers - Sunshine Coast
Nick Dowling
Jesse Howitt

Colliers - Sunshine Coast

Level 5, 57 The Esplanade
COTTON TREE, QLD 4558
Colliers - Sunshine Coast
Lots 1 & 2/1 Emerald Street
Cooroy, QLD 4563

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NOOSA HINTERLAND INVESTMENTS ASX LISTED COVENANT ON NEW 5-YEAR LEASE

  • Two lots - combined income of $61,611pa
  • Located in Cooroy’s bustling village
  • Tenants - Auswide Bank & Galah Home
Colliers International are pleased to present two high profile tenancies in the heart of Cooroy’s retail village. On offer are two lots to be sold in-one-line or as individual lots. Both lots are fully leased with ASX listed Auswide Bank on a new 5-year lease and well established local business Galah Home on a 3 + 5 year lease.

Lot 1 – Auswide Bank
- Returning - $31,011 per annum
- New 5-year lease expiring March 2025
- Net lettable area 83m²*
- Tenant pays 100% of outgoings (excl. sinking fund)
- ASX listed covenant
- Corner position adjoining IGA car park

Lot 2 – Galah Homewares
- Returning - $30,600 net per annum
- 3-year lease expiring February 2022 plus 5-year option
- Net lettable area 77m²*
- Tenant pays 100% of outgoings (excl. sinking fund)
- Leased to well known local homewares business
- Prominent tenancy with excellent foot traffic


*Approximately


For Sale in-one-line or as separate allotments by Expressions of Interest closing Thursday 22 October at 4.00pm.

For further information or to arrange an inspection time please contact Jesse Howitt or Nick Dowling.

Property ID: 503658466Last Updated: 22 Dec 2020

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