22 Enterprise Street Caloundra West QLD 4551

North Coast Boating is one of the most trusted and largest names on the Sunshine Coast, with over 45 years serving the coasts boating community.

On offer is the opportunity to secure this freehold industrial facility with North Coast Boating as a tenant on a new 5 year Lease.

The property has an extremely low site coverage of just 33% or 1,268sqm* on a site of 3,836sqm allowing for future development upside or retain as a rear display yard.

Investment Highlights:

~ New 5 year lease with 2 further 5 year option

~ Net annual income of $185,000 plus GST and Outgoings

~ Bond equivalent to 6 months' rent plus GST

~ Huge concrete hardstand for display yard

~ Internal showroom, office and warehouse

~ Wash bay with grease trap

The property is being sold via Expressions of Interest closing Wednesday 20 July 2022 at 1pm.

For further details or to arrange an inspection please contact exclusive agents Jack McCormack or Matt Marenko from CBRE.

*Approx
**Outline indicative only