5 Beach Road, COOLUM BEACH QLD 4573
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- 19 Jan 2017
Prime Investment & Development Site
Located on a high profile corner with water views over Coolum Beach this prime small commercial and residential development site makes the perfect land banking investment property. Choose to immediately upgrade or redevelop the 130 m2 shop front and improve the already substantial income return.
With an extremely happy 19 year tenancy operating an iconic Art Gallery, cafe and framing business you have an immediate tenancy option to continue on in the existing premises or in an upgraded premises.
Previous development applications fully approved provided for a shop, offices and caretakers apartment which would have substantial views.
Two design versions were done by a quality designer and all information in relation to the approvals are available from prospective buyers on request.
This property is for tender for offers over $1 million dollars subject to terms and conditions. Informal offers are invited.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
5 Beach Road COOLUM BEACH