RWC Northern Corridor Group are pleased to bring to the market 1/1 Courage Street, Sippy Downs. The property represents the largest food and beverage tenancy in the complex, accommodating the local residents and attracting customers from the whole Sunshine Coast.
The site is located on the corner of Courage Street and Sippy Downs which is the main thoroughfare connecting Sippy Downs to the Bruce Highway and Sunshine Motorway. The building was completed late 2023 comprising of a mix of residential and commercial units. The tenancy is fitted out with a commercial kitchen with access to a grease trap.
Key Investment Highlights:
• Net income $190,577.34 P/A*
• Brand new architecturally designed building - HQ Sippy Downs
• Leased to an established Sunshine Coast business
• Significant local population & infrastructure growth
• High exposure site on the Corner of Courage Street & Sippy Downs Drive
• Excellent depreciation benefits
• New 7-year lease with option to 2040
Sippy Downs is home to the University of the Sunshine Coast and is made up of mostly young professionals. Situated on the south-east end of Queensland's Sunshine Coast, Sippy Downs has been designated as a ''Knowledge Hub'' in Queensland Government's South East Queensland Infrastructure Plan and Program and is master planned as Australia's first university town with the potential for over 6,000 workers in knowledge based businesses. Earmarked to become on the Sunshine Coast's significant technology hubs, this central suburb is part of the Buderim urban centre and has direct access to both the Sunshine Motorway and the Bruce Highway.
For further information, contact exclusive listing agents Samuel Hoy, Michael Shadforth & David Goldsworthy of The Shadforth Commercial Property Team.
*Approx.
