68 Caloundra Road Caloundra West QLD 4551

Savills and Colliers are pleased to offer this outstanding freehold retail showroom investment to the market by Public Auction.

Situated among national retailers including Bunnings Warehouse, Repco, Bob Jane T Mart and Petbarn, 68 Caloundra Road is fully leased to Jaycar Electronics until November 2027 with a further 5 year option.

Features of the offering include:

- New 6 year lease expiring November 2027 with a 5 year option.
- Fully leased to Australia's leading Electronics retailer Jaycar.
- Net lease returning $111, 130 per annum with tenant paying all outgoings excluding Land Tax.
- High profile location on a major arterial road with exposure to over 34,000 vehicles per day.
- Easy access to a rapidly growing trade catchment which includes Caloundra and Aura.
- Functional improvements constructed from concrete panels and fitted out with air conditioning and suspended ceiling tiles.

68 Caloundra Road is being offered for sale by Public Auction on-site on Thursday 17 March 2022 at 1.00pm.

For further information or to arrange an inspection, please contact joint exclusive marketing agents Nigel Irving or Nick Dowling from Colliers or Scott Gardiner from Savills