Auction Result : Sold Under Hammer $1,780,000.00
FREESTANDING RETAIL SHOPS. DIRECTLY OPPOSITE
SUNSHINE COAST AIRPORT & 7 ELEVEN.
946 David Low Way
Marcoola QLD
Subway - 7 year lease to 2022 + options to 2035
Subway: World's largest sandwich chain with over 44,000 stores across 100 countries
Highly sought after freestanding retail entry level complex with 23,867 vehicles passing daily
Two other shops on 5 year leases
High profile strategic site comprising 312 sqm of lettable area, opposite 7 Eleven
Directly opposite Sunshine Coast Airport , gateway to Noosa, Maroochydore, Mooloolaba,
Coolum and Caloundra
All outgoings paid by tenants (excluding land tax)
Significant tax depreciation benefits
Fixed 3% annual increases plus CPI annually
Sunshine Coast: Tourism mecca of Australia with record visitor numbers in 2015/2016
Net Income: $125,844 pa + GST (approx.)
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CONTACT
Michael Collins, Ph : 0404 023 204
David Ingram, Ph : 0403 464 621
AGENCY
Burgess Rawson Melbourne
Ph : (03) 9613 0400
AUCTION
Wednesday, 03 August 2016
11:00 AM
Burgess Rawson Portfolio Auctions
Melbourne | Crown Casino, Melbou
River Room
Southbank, VIC, 3006
Ph: 03 9292 8888
AUCTIONEER
David Scholes
Lic.No: 238 350