Unit 12/34-36 River Esplanade Mooloolaba QLD 4557

Shop & Retail
52 m²
Sold

FREEHOLD GROUND FLOOR SHOP IN THE HEART OF MOOLOOLABA

- Excellent retail location
- Long established Mooloolaba Tenant
- Solid income

Lot 12, 34-36 River Esplanade Mooloolaba.
A Going Concern Investment Offered For Sale at $334,000.
This gives you a 6.0% net return (approx.)

• Ground floor shop located in bustling Mooloolaba.
• Fronting River Esplanade with strong vehicle and pedestrian exposure.
• Leased to long term Mooloolaba Hairdresser.
• Existing lease, 3yr term to 20 May 2021, Option 3yrs + 3 yrs.
• Area 52 sqm (approx.)
• Gross Rental $20,428.04 pa (Tenant pays Outgoings excluding sinking fund)
• Net Rental $20,058.04 pa (estimated)
• Within 200 m of Mooloolaba Esplanade, Mooloolaba Surf Club & 100 m to The Wharf Mooloolaba
• The Sunshine Coast is an emerging world-class holiday and business destination. Game changing improvements include the new International Standard, Main Airport Runway and the International Submarine Broadband Link to provide Queensland's first direct international data and telecommunications connection to global markets.

For further details contact Exclusive Agents - Hindmarsh Property Services