Colliers is pleased to present 2A Emerald Street, Cooroy for sale, offering investors the opportunity to secure a freestanding commercial investment underpinned by a long-term lease to Jamaica Blue Pty Ltd.
Returning an estimated $100,000 per annum net*, the property is leased until September 2035, providing approximately nine years of secure income from an established tenant that has occupied the property since 2010.
Offered for $1,700,000, the property represents an attractive initial net yield of approximately 5.88%*.
Investment Highlights
- Estimated net income of $100,000* p.a.
- Long-term lease to Jamaica Blue Pty Ltd until September 2035
- Jamaica Blue has occupied the property since 2010
- Lease supported by a guarantee from Foodco Group Pty Ltd
- Cash bond held as additional security
- Tenant responsible for property outgoings excluding land tax
- Freestanding commercial freehold investment
- Prominent position within the established Cooroy town centre
- Secure passive investment opportunity below $2 million
- Net yield of approximately 5.88%*
With a long-established tenant, secure lease structure and predictable net income, 2A Emerald Street presents a compelling opportunity for private investors and SMSF buyers seeking a passive commercial investment with long-term income security.
For Sale: $1,700,000
For more information or to arrange an inspection, please contact the exclusive marketing agents Jesse Howitt or Tayla Webber.
*Approximately
Remember to mention you found this property on CommercialReady
Colliers is pleased to present 2A Emerald Street, Cooroy for sale, offering investors the opportunity to secure a freestanding commercial investment underpinned by a long-term lease to Jamaica Blue Pty Ltd.
Returning an estimated $100,000 per annum net*, the property is leased until September 2035, providing approximately nine years of secure income from an established tenant that has occupied the property since 2010.
Offered for $1,700,000, the property represents an attractive initial net yield of approximately 5.88%*.
Investment Highlights
- Estimated net income of $100,000* p.a.
- Long-term lease to Jamaica Blue Pty Ltd until September 2035
- Jamaica Blue has occupied the property since 2010
- Lease supported by a guarantee from Foodco Group Pty Ltd
- Cash bond held as additional security
- Tenant responsible for property outgoings excluding land tax
- Freestanding commercial freehold investment
- Prominent position within the established Cooroy town centre
- Secure passive investment opportunity below $2 million
- Net yield of approximately 5.88%*
With a long-established tenant, secure lease structure and predictable net income, 2A Emerald Street presents a compelling opportunity for private investors and SMSF buyers seeking a passive commercial investment with long-term income security.
For Sale: $1,700,000
For more information or to arrange an inspection, please contact the exclusive marketing agents Jesse Howitt or Tayla Webber.
*Approximately
Remember to mention you found this property on CommercialReady
2A Emerald Street, Cooroy, QLD, 4563
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