FULLY TENANTED FREEHOLD INVESTMENT CBRE take pleasure in offering Yaroomba Village to the investment market, via Public Auction. The property presents an outstanding opportunity in an affordable price bracket and will appeal to those looking for a freehold investment in a beachside location.
~ $92,856 (approx.) net rental return per annum
~ 1,238sqm (approx.) of freehold land with over 30m of frontage to David Low Way
~ 450sqm (approx.) dual level commercial building
~ Diverse income stream with 6 tenants
~ 15 convenient car parks at the shop front doors, plus rear garaging
COOLUM'S BEST RETAIL - NEW INVESTMENTS & VACANT TENANCIES ~ Outstanding location, directly opposite Surf Club & beach
~ 16 strata's sold to date with a new investments on offer:
- Shop 10: Black Vanilla (Fashion) new 5 year lease at $66,000pa. For Sale at $825,000.
- Shop 13: Train Race Inspire 4 year lease at $66,560pa. For Sale at $800,000.
~ Current tenant mix includes: Chemcoast Pharmacy, The Shop (Convenience Store); Caribbean Dreams Gelati; Stella Rossa; Choice Kebabs; Emjays Coffee; Raw Energy Café; Blue Lines Surf
~ Rare opportunity to lease/buy in Coolum's "best ever" retail location
Prime Investment & Development Site Located on a high profile corner with water views over Coolum Beach this prime small commercial and residential development site makes the perfect land banking investment property. Choose to immediately upgrade or redevelop the 130 m2 shop front and improve the already substantial income return.
With an extremely happy 19 year tenancy operating an iconic Art Gallery, cafe and framing business you have an immediate tenancy option to continue on in the existing premises or in an upgraded premises.
Previous development applications fully approved provided for a shop, offices and caretakers ...