125 Parklakes Drive Bli Bli QLD 4560

Colliers are pleased to present to the market for sale, 125 Parklakes Drive, Bli Bli, which forms part of the Bli Bli Northern Village Master Planned Residential Community.

The opportunity presents a unique, entry level retail investment with a secure land lease in place with the Sunshine Coast Council to 2038 and an established and well-respected local café operator, "The Local Parklakes", secured as the tenant.

Key Features:
- Total NLA: 146sqm* including internal and external areas

Land lease:
- From Sunshine Coast Council to 2038 (comfort letters provided every ten years).
-Annual rental charged by SSC Council: $15,031.56pa net + outgoings + GST.

Building lease:
- Leased to established café operator, "The Local Parklakes", until 2027 with a further 2 x 3-year options.
- Rental income: $58,406.40pa + GST (outgoings included)
- 4% annual rent reviews + market reviews built into lease
- Ample onsite car parking
- Situated within large and rapidly growing residential catchment.

For Sale by Expressions of Interest closing Wednesday 8 May 2024 at 4pm.

For further information or to arrange an inspection please contact exclusive agents Daniel Vella & Millie Worcester.

*Approx.