The Phone Code for this property is: 45786. Please quote this number when phoning or texting.

Rare Development Opportunity with Strong Rental Returns
Located Just Minutes from the CBD, Schools, and Beaches

This versatile property offers an exceptional investment opportunity with strong rental returns and significant future development potential. Comprising three tenanted zones, this site is strategically located in a high-growth area just 900 meters from the waterfront and only 10 km to the Bruce Highway, making it easily accessible and prime for long-term growth.

Key Features:
Zoned 'Low Impact Industry' under the Sunshine Coast Planning Scheme 2014, within a Priority Infrastructure Area designed to accommodate urban growth up to 2031.
Building Height of up to 12 meters, offering substantial development potential.
Strong Rental Income from a mix of commercial tenants:
Accountants' Offices: 1x3 year lease, 120m², generating $39,277.92 per year (2 years remaining).
Coffee Roaster & Café: 5x5 year lease, 189m², generating $31,822.96 per year (5 years remaining).
Workshop with Offices and Caretaker's Residence: 1x1 year lease, 378m², generating $71,034.68 per year (1 year remaining).
Financial Breakdown:
Annual Rental Income: $142,135.56 (inclusive of outgoings and GST)
Outgoings (2023/24):
Power: $3,284.30
Rates: $5,122.96
Water: $1,933.85
Total Outgoings: $10,341.11 per annum
Location Highlights:
Just 900 meters from the stunning Sunshine Coast waterfront.
Conveniently located within minutes of the CBD, local schools, and beaches.
Only 1 hour from Brisbane, offering easy access to regional and metropolitan areas.
This property presents a unique chance to secure a well-positioned, income-generating asset with substantial development upside in an area poised for future growth. Contact us today to discuss this fantastic opportunity further.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.