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SOLD

51 Sugar Road, Maroochydore, QLD, 4558

Properties / Sold / Queensland / Maroochydore

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Public Auction on-site Friday 25 August 2023 at 1.00pm (AEST)

Land Area

996 sqm (*approx)

Floor Area

500 sqm (*approx)

Property Type

Retail

Sub-type

Large Format

Terms

New 5 + 5 year lease expiring November 2027, with a 5 year option

Est. Income

$153,700 p/a

Fully Leased

JayCar

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2. Property Highlights

5 + 5 year Lease to Jaycar on a High Profile Corner in Maroochydore

Leased to Jaycar Pty Ltd until Nov 2027
500m²* NLA on 996m²* Corner Site
Returning $153,700 per annum*

Colliers are pleased to offer 51 Sugar Road, Maroochydore to the market by Public Auction.

Located on a high profile corner position only minutes from Sunshine Plaza and the new CBD, 51 Sugar Road is fully leased to Jaycar Pty Ltd until 30 November 2027, with a further 5 year option.

Key features of the offering include:

- 500m²* NLA on 996m²* Corner Site

- New 5 + 5 year lease expiring November 2027, with a 5 year option

- Fully leased to Australia’s leading electronics retailer Jaycar

- Net lease returning $153,7000p.a* as at December 2023

- Prominent freestanding showroom with good off street parking

- Located on one of Maroochydore’s busiest roads, offering easy access to residential catchments of Buderim, Alexandra Headland and Maroochydore

For Sale by Public Auction on-site Friday 25 August 2023 at 1.00pm (AEST)

For more information or to arrange an inspection, please contact exclusive marketing agents Nick Dowling or Daniel Vella

* Approximately

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Large Format

Est. Income

$153,700 p/a

Tenant

JayCar

Terms

New 5 + 5 year lease expiring November 2027, with a 5 year option

Land Area

996 sqm (*approx)

Floor Area

500 sqm (*approx)

Selling Method

Auction

Auction Date

25 Aug 2023 01:00PM

Add to calendar

Selling Details

Public Auction on-site Friday 25 August 2023 at 1.00pm (AEST)

2. Property Highlights

5 + 5 year Lease to Jaycar on a High Profile Corner in Maroochydore

Leased to Jaycar Pty Ltd until Nov 2027
500m²* NLA on 996m²* Corner Site
Returning $153,700 per annum*

Colliers are pleased to offer 51 Sugar Road, Maroochydore to the market by Public Auction.

Located on a high profile corner position only minutes from Sunshine Plaza and the new CBD, 51 Sugar Road is fully leased to Jaycar Pty Ltd until 30 November 2027, with a further 5 year option.

Key features of the offering include:

- 500m²* NLA on 996m²* Corner Site

- New 5 + 5 year lease expiring November 2027, with a 5 year option

- Fully leased to Australia’s leading electronics retailer Jaycar

- Net lease returning $153,7000p.a* as at December 2023

- Prominent freestanding showroom with good off street parking

- Located on one of Maroochydore’s busiest roads, offering easy access to residential catchments of Buderim, Alexandra Headland and Maroochydore

For Sale by Public Auction on-site Friday 25 August 2023 at 1.00pm (AEST)

For more information or to arrange an inspection, please contact exclusive marketing agents Nick Dowling or Daniel Vella

* Approximately

Remember to mention you found this property on CommercialReady

51 Sugar Road, Maroochydore, QLD, 4558 Maroochydore

Colliers - Sunshine Coast

Level 5, 57 The Esplanade Cotton Tree Qld 4558

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Nick Dowling

+61 *** *** *** show +61 419 726 705

Daniel Vella

+61 *** *** *** show +61 422 373 990

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

51 Sugar Road, Maroochydore, QLD, 4558