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Grnd Floor/77 Mooloolaba Esplanade Mooloolaba QLD 4557

  • Retail
  • 58 - 401 m²
  • For Sale, Expression of Interest

Trophy Retail Investment On 4 Lots With Pharmacy

Luxe Commercial & Ray White Commercial Noosa are proud to exclusively present to the market a prime retail investment with pharmacy anchor located on the tightly held retail strip of Mooloolaba Esplanade. The pharmacy has operated on Mooloolaba Esplanade since the 1950's with a current lease until December 2027 and future options until December 2034. Mooloolaba Osteopathy and Massage Clinic occupy the balance with a lease until December 2021 which commenced in 2011 with an option until 2026.

+ Entire ground floor of 401sq m (approx.) is available to purchase individually or in one line

+ Multi-tenanted investment which provides for a reduced risk profile

+ Attractive lease terms with net structure and fixed 4% annual increases

+ 4 separate titles provide the opportunity to split the space in the future

+ Impressive frontage to Mooloolaba Esplanade with high volumes of passing foot traffic

+ Recent upgrade to the entire building including the external façade and paving

Net income circa: $373,360.00 pa (approx.)

Expressions of Interest closing 3pm Wednesday 4 September 2019 unless sold prior.

A copy of the detailed Information Memorandum and associated documentation are available to qualified buyers from the exclusive marketing agents.

Property Highlights

Property ID2015506581
Floor Area58 - 401 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  7 Aug 2019
Map for Grnd Floor/77 Mooloolaba Esplanade Mooloolaba QLD 4557
Luxe Commercial
Level 1/7 The Esplanade Maroochydore QLD 4558

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