Lot 5 & 6/13 Mooloolaba Esplanade Mooloolaba QLD 4557
- 246 m²
- For Sale, Under Offer (under offer)
Secure Investment Circa 7.2% Yield - Established Bar With Rare Late Night Liquor License
Exceptional opportunity to acquire a secure investment property to an established tenant operating as a bar and bistro with liquor license from 10am to 1am from Monday to Sunday. There are very few liquor licenses running this late in the Mooloolaba precinct.
This asset provides all aspects astute investors look for including long lease, market rent, strong increases, significant bond, proven tenant, prime location and a point of difference like a late night liquor license.
+ 7 year lease from 1/09/18 with one x 7 year option
+ Current net rental of $166,296 per annum plus GST
+ Annual Increases at 4%
+ 6 month gross bank guarantee at $87,945
+ Leased to Taps Australia Pty Ltd since 2013
+ Prime location in Mooloolaba's retail and tourism precinct
+ Total area of 270sq m including 24sq m (approx) licensed outdoor area
+ Located in the ground floor of the popular Peninsular Beachfront Resort
+ High growth location
Call or email Matt Marenko or Louisa Blennerhassett to inspect the property or find out about other suitable options.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.
|Floor Area||246 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||7 Jan 2020|