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68 Caloundra Road, Caloundra West, QLD, 4551

+6 Photos

+8 Photos

SOLD

68 Caloundra Road, Caloundra West, QLD, 4551

Properties / Sold / Queensland / Caloundra West

Investment Potential

1. Property Summary

Selling Method

For Sale

Selling Details

Auction

Land Area

718 m² (*approx)

Floor Area

370 m² (*approx)

Property Type

Retail

Terms

New 6 year lease expiring November 2027 with a 5 year option

Est. Income

$111,130 p/a

Fully Leased

Jaycar Electronics

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2. Property Highlights

High Profile Freehold Showroom Investment on one of the Sunshine Coast’s Busiest Roads

Leased to Jaycar Electronics to Nov 2027
370sqm NLA on 718sqm allotment
Returning $111,130 per annum

Savills and Colliers are pleased to offer this outstanding freehold retail showroom investment to the market by Public Auction.

Situated among national retailers including Bunnings Warehouse, Repco, Bob Jane T Mart and Petbarn, 68 Caloundra Road is fully leased to Jaycar Electronics until November 2027 with a further 5 year option.

Features of the offering include:

- New 6 year lease expiring November 2027 with a 5 year option
- Fully leased to Australia’s leading Electronics retailer Jaycar.
- Net lease returning $111,130 per annum with tenant paying all outgoings including land tax and management fees.
- High profile location on a major arterial road with exposure to over 34,000 vehicles per day.
- Easy access to a rapidly growing trade catchment which includes Caloundra and Aura.
- Functional improvements constructed from concrete panels and fitted out with air conditioning and suspended ceiling tiles.

68 Caloundra Road is being offered for sale by Public Auction on-site on Thursday 17 March 2022 at 1:00pm (AEST)

For further information or to arrange an inspection, please contact joint exclusive marketing agents Nigel Irving or Nick Dowling from Colliers or Scott Gardiner from Savills

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

Property Type

Retail

Est. Income

$111,130 p/a

Number Of Tenants

Tenant

Jaycar Electronics

Terms

New 6 year lease expiring November 2027 with a 5 year option

Land Area

718 m² (*approx)

Floor Area

370 m² (*approx)

Selling Method

For Sale

Auction Date

17 Mar 2022 01:00PM

Add to calendar

Selling Details

Auction

2. Property Highlights

High Profile Freehold Showroom Investment on one of the Sunshine Coast’s Busiest Roads

Leased to Jaycar Electronics to Nov 2027
370sqm NLA on 718sqm allotment
Returning $111,130 per annum

Savills and Colliers are pleased to offer this outstanding freehold retail showroom investment to the market by Public Auction.

Features of the offering include:

68 Caloundra Road is being offered for sale by Public Auction on-site on Thursday 17 March 2022 at 1:00pm (AEST)

For further information or to arrange an inspection, please contact joint exclusive marketing agents Nigel Irving or Nick Dowling from Colliers or Scott Gardiner from Savills

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

Investment Potential