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9/188 Alexandra Parade, ALEXANDRA HEADLAND, QLD, 4572

+13 Photos

+15 Photos

SOLD

9/188 Alexandra Parade, ALEXANDRA HEADLAND, QLD, 4572

Properties / Sold / Queensland / Alexandra Headland

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Floor Area

91 m² (*approx)

Property Type

Retail, Other

Sub-type

Strip Retail, Mixed Use

Terms

New 5 year lease with options to 2037

Fully Leased

Alex Surf

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2. Property Highlights

Prime Sunshine Coast Beachside Investment

New 5 year lease with options to 2037
Tenant pays 100% of Outgoings
Surf shop in occupation for over 20yrs

+ Brand new 5 year lease to 2027

+ 2 x 5 year options through to 2037

+ Fixed 3% annual increases assuring growth

+ Favourable net lease, with tenant paying 100% of outgoings as per lease

+ Alex Surf is now apart of the Surfboard Empire, currently with 5 stores in South East Qld

+ Located across from one of the Sunshine Coast’s most iconic surf breaks and has been successfully trading as a surf shop since the 1970’s

+ Located on the ground floor of the Grand Palais with exposure to over 15,500 vehicles a day

+ Highly sought after beachside investment in the heart of Alexandra Headlands on Qld’s Sunshine Coast

+ Sunshine Coast: significant trade area growth through high density residential developments with the population set to grow by 32% from 351,424 to 518,004 by 2041

+ Current net income $65,849 pa plus GST

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

Property Type

Retail, Other

Sub-type

Strip Retail, Mixed Use

Tenant

Alex Surf

Terms

New 5 year lease with options to 2037

Floor Area

91 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Prime Sunshine Coast Beachside Investment

New 5 year lease with options to 2037
Tenant pays 100% of Outgoings
Surf shop in occupation for over 20yrs

+ Brand new 5 year lease to 2027

+ 2 x 5 year options through to 2037

+ Fixed 3% annual increases assuring growth

+ Favourable net lease, with tenant paying 100% of outgoings as per lease

+ Alex Surf is now apart of the Surfboard Empire, currently with 5 stores in South East Qld

+ Located across from one of the Sunshine Coast’s most iconic surf breaks and has been successfully trading as a surf shop since the 1970’s

+ Located on the ground floor of the Grand Palais with exposure to over 15,500 vehicles a day

+ Highly sought after beachside investment in the heart of Alexandra Headlands on Qld’s Sunshine Coast

+ Sunshine Coast: significant trade area growth through high density residential developments with the population set to grow by 32% from 351,424 to 518,004 by 2041

+ Current net income $65,849 pa plus GST

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

Tenanted Investment