Savills on behalf of the seller are pleased to present 24 Melaleuca Street, Kuluin, a single level freestanding retail investment for sale. This rare offering presents great diversity from multiple income streams with additional value to be added by leasing the last remaining tenancy.
- 656sq m* of Ground Floor Area
- Positioned on a corner 2,381sq m* parcel of land
- 93%* tenanted with great potential to add value (only one vacancy)
- Estimated net income of $88,642.86pa*
- Ten (10) individual tenancies with seven (7) tenants currently in place, two tenants occupy two tenancies
- Ample off-street car parking with drive through access
- Great street presence and exposure
- Ideally situated within thriving residential suburb and across the road from Kuluin State School
- Local Centre zoning provides great flexibility for future tenants
- 800m* to Maroochydore Road
- 1km* to IGA complex and new proposed Coles & Liquorland development
- 3km* to Maroochydore CBD
- 5km* to Sunshine Motorway
- 6km* to Bruce Highway Interchange
(*Approx.)
Contact Exclusive Agent Will Carman 0477 666 355 to arrange an inspection.