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22-26 Beach Road
Maroochydore QLD 4558
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Sold on 12 May 2020

22-26 Beach Road Maroochydore QLD 4558

  • Shop & Retail
  • 467 m²
  • Sold

LEASED INVESTMENT, STRONG HOLDING INCOME, FUTURE DEVELOPMENT SITE

  • Highly Exposed Key Corner Intersection
  • Long Term Tenants in Place
  • Mid-Term Redev. Potential to Height 40m*

- Current Net Income circa $104,500* per annum
- Tenants include Coast Life Midwifery, Allure Medi Spa & Beauty Lounge (incorporating Beach Rd Coffee), Ultra Tune and Mosaic (site office)
- Emerging sort after precinct undergoing significant urban renewal in the past 12-18 months
- 2 street exposure (40m* frontage to Duporth Avenue and 62m* frontage to Beach Road)
- Located directly opposite new Mosiac Avalon boutique apartment development currently under construction and immediately next door to recently completed Rythym on Beach constructed by RGD
- Ex Church building and rear Hall building (split into two separate leased areas)
- Principal Centre zoning
- Land Area 1,551sq m*
- Building Area 467sq m* (over two buildings)
- 21* car parks on site
- Subject site shares current DA approval with adjoining property for 42 Residential Units (23 x 2 bed; 19 x 3 bed) plus 2 ground floor office tenancies (basement parking)

Contact exclusive marketing agent Jason OMeara of Savills 0408 087 868 for further information and or inspection of the property by appointment.

*Approx.

Property Highlights

Date Sold12 May 2020
Floor Area467 m²
Land Area1,551 m²
ParkingOn site parking available
Property ID2016092944
Category
Last updated  28 Aug 2020
Map for 22-26 Beach Road Maroochydore QLD 4558

Property Highlights

Date Sold12 May 2020
Floor Area467 m²
Land Area1,551 m²
ParkingOn site parking available
Property ID2016092944
Category
Last updated  28 Aug 2020
Level 5, 26 Duporth Avenue Maroochydore QLD 4558

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