Samuel Hoy from Ray White Commercial Northern Corridor Group is pleased to offer 2/11-13 Birtwill Street, Coolum Beach for sale as a tenanted investment.
Located just off the esplanade (David Low Way), the tenancy thrives from both the local and tourist market. The complex boasts a strong rental history and offers a large glass street frontage which suits a wide range of operators.
The store benefits from its proximity to the Coles shopping centre and the continued growth of Coolum Beach and the Sunshine Coast.
FEATURES:
• Well established and popular Indian restaurant
• Over 11 years on location
• Lease start: 01/10/2020
• 5 + 5 + 5 year lease
• $50,000 P/A + outgoings + GST
• $47,876 NET return ($2,124 sinking fund non recoverable)
• 2% yearly increases
• 3 month bond
• Large numbers during COVID through take-away/delivery
• 3 allocated car parks and an abundant of street parking
For more information, please don't hesitate to contact Samuel Hoy from Ray White Commercial Northern Corridor Group.
