Standalone Investment - Character Building on Top of the Hill

• 315m²* lot on an elevated corner location with excellent exposure to Channon and Mary Streets
• 284m²* net lettable area over two levels
• Secured 3 year lease commenced May 2022. Further 3 year option to follow
• Tenanted by skincare and homeware products producer/retailer
• Current rental income $40,000 per annum gross + GST ($5,000 + GST per annum rental increase years 2 & 3)
• At the listed price of $550,000 this represents a yield over 6% in year 1. With the annual $5,000 rental increases this represents over a 7% yield in year 2, and 8% in year 3.
• Mixture of open plan and individual office configuration
• Amenities on both levels
• Fully air-conditioned throughout

Call or email David Brinkley or Tracey Ryan to inspect the property or to find out about other suitable options.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.

* Approx.

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.