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1/174 Alexandra Parade
Alexandra Headland QLD 4572
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Sold on 26 Feb 2024

1/174 Alexandra Parade Alexandra Headland QLD 4572

  • Shop & Retail
  • 107 m²
  • Sold, $760,000

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.

    Property Highlights

    Date Sold26 Feb 2024
    Sold Price$760,000
    Floor Area107 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018604269
    Category
    Last updated  26 Feb 2024
    Map for 1/174 Alexandra Parade Alexandra Headland QLD 4572

    Property Highlights

    Date Sold26 Feb 2024
    Sold Price$760,000
    Floor Area107 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018604269
    Category
    Last updated  26 Feb 2024
    Level 1/172 Brisbane Rd Mooloolaba QLD 4557

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