Sold

1/174 Alexandra Parade,
Alexandra Headland 4572, Queensland

107m² building size
Retail

$760,000


Property details

SOLD by Emily Pendleton

Tenanted Beachfront Shop| For Sale in Alexandra Headland

Discover a remarkable investment opportunity at 1/174 Alexandra Parade, Alexandra Headland. Previously offered for sale with vacant possession, this property has now been leased to a well-established Sunshine Coast local Vietnamese Restaurant. With years of successful operation and a strong local following, this property presents a brand new 3 x 3 year lease with a net lease structure, placing the responsibility for outgoings on the tenant.

Property Highlights:

• Location: Positioned directly across from the iconic Alex Surf Club, this prime real estate offers maximum exposure with substantial pedestrian and vehicle traffic.
• Leased Investment: An excellent addition to your investment portfolio, this property is now occupied by a thriving restaurant, ensuring a steady rental income stream.
• Current Income: $52,000 P/A Net + Outgoings + GST
• Lease Commencement: November 2023
• Versatile Usage: While currently a restaurant, this property offers flexibility. It can easily be transformed into an attractive office or retail space to suit your business needs.
• Beachside Views: Enjoy outdoor dining with captivating beach views, enhancing the appeal of the establishment.
• Existing Infrastructure: The property comes fully equipped with cold rooms, a grease trap, rangehood, fry vat, and multiple display fridges.
• Storefront Excellence: With expansive glass shopfronts, your business enjoys high visibility and potential for exceptional signage opportunities.

Don't miss this opportunity to invest in a property with a secure and profitable tenancy in a premium location. For more information or to arrange a viewing, contact our team at exclusive marketing team at Ray White Commercial Northern Corridor Group, represented by Emily Pendleton and Abi Rowlands.

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