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50 Bulcock Street, Caloundra QLD 4551,

2. Property Highlights

HIGH PROFILE RETAIL CENTRE WITH DEVELOPMENT UPSIDE

Ray White Commercial (QLD) in conjunction with Ray White Special Projects QLD are pleased to present to the market a unique opportunity to acquire 'Centrepoint Market Place', a multi tenanted retail centre located in Caloundra on the Sunshine Coast, QLD.

A site area of 2,595m2* with existing improvements comprising a total net lettable area of 1,619m2*, offering rental upside in addition to multiple development opportunities including healthcare and medical, retirement living and aged care, residential apartments, short term accommodation (serviced apartments), office and retail (STCA^).

Key Investment Highlights:

  • Tenanted retail investment located in the Caloundra CBD on the Sunshine Coast
  • Site area: 2,595m2*
  • NLA: 1,619m2*
  • Two street frontages
  • Significant rental upside
  • Estimated fully leased net income of $527,972* p.a + GST
  • Servicing a vast catchment area, which is forecast to increase by 2,830 residents per annum over the twenty-year period from 2016 to 2036 ^^
  • Growth area surrounded by high-rise residential zoned land

*Approximately.
^Subject to Council Approval.
^^Source: 1. QLD Government Statisticians Office, ABS.

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

50 Bulcock Street, Caloundra QLD 4551,

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4. Due Diligence

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50 Bulcock Street, Caloundra QLD 4551, Caloundra
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