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Sold on 2 Nov 2021

50 Bulcock Street Caloundra QLD 4551

  • Shop & Retail
  • 1,619 m²
  • Sold

High Profile Retail Centre with Development Upside

    Ray White Commercial (QLD) in conjunction with Ray White Special Projects QLD are pleased to present to the market a unique opportunity to acquire 'Centrepoint Market Place', a multi tenanted retail centre located in Caloundra on the Sunshine Coast, QLD.

    A site area of 2,595m2* with existing improvements comprising a total net lettable area of 1,619m2*, offering rental upside in addition to multiple development opportunities including healthcare and medical, retirement living and aged care, residential apartments, short term accommodation (serviced apartments), office and retail (STCA^).

    Key Investment Highlights:
    • Tenanted retail investment located in the Caloundra CBD on the Sunshine Coast
    • Site area: 2,595m2*
    • NLA: 1,619m2*
    • Two street frontages
    • Significant rental upside
    • Estimated fully leased net income of $527,972* p.a + GST
    • Servicing a vast catchment area, which is forecast to increase by 2,830 residents per annum over the twenty-year period from 2016 to 2036 ^^
    • Growth area surrounded by high-rise residential zoned land

    *Approximately.
    ^Subject to Council Approval.
    ^^Source: 1. QLD Government Statisticians Office, ABS.

    Michael Feltoe
    Ray White Commercial (QLD)
    Michael Feltoe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Ray White Commercial (QLD)

    Property Highlights

    Property ID2017301255
    Date Sold2 Nov 2021
    Floor Area1,619 m²
    Land Area2,595 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  2 Nov 2021
    Map for 50 Bulcock Street Caloundra QLD 4551
    Michael Feltoe
    Ray White Commercial (QLD)
    Michael Feltoe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Ray White Commercial (QLD)

    Property Highlights

    Property ID2017301255
    Date Sold2 Nov 2021
    Floor Area1,619 m²
    Land Area2,595 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  2 Nov 2021
    Level 26 111 Eagle St Brisbane City QLD 4000
    Michael Feltoe
    Michael Feltoe
    Ray White Commercial (QLD)
    Lachlan O'Keeffe
    Lachlan O'Keeffe
    Ray White Commercial (QLD)

    Michael Feltoe

    Ray White Commercial (QLD)

    Lachlan O'Keeffe

    Ray White Commercial (QLD)

    0447 *** ***
    0447 714 899

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