Investment Property – Sunshine Coast Long-Standing Well Known Restaurant
First level Restaurant with Sea Views
Over 31 years as a Restaurant
Seaside Location in Maroochydore
Area 302m2 First level Restaurant located in a Holiday Apartment Building “Beachfront Towers” with High Exposure to busy Aerodrome Road
Great position in Maroochydore directly opposite the Beach and Park
The current "Authentic Italian Restaurant " has been operating for over 16 years. “Cala Luna Italian Restaurant” 4.5 Star. Web Site: https://calaluna.com.au/ Previous to Cala Luna the premises operated as the Happy Dragon Chinese Restaurant for 15 years also, making a total of 31 years as
Lease Deatails - 3yr + 3yr Commenced 1st September 2023
Current Rent - $82,435 + Outgoings ( except for Sinking Fund $5,049 pa )
Net Income - $77,386 pa
Further Information Package Available
Rare opportunity for an Investor to buy in a prime beachside location..
For Sale $1,100,000 - Current Net Rent $77,386 pa - Yield 7.00% pa
Investment Property – Sunshine Coast Long-Standing Well Known Restaurant
First level Restaurant with Sea Views
Over 31 years as a Restaurant
Seaside Location in Maroochydore
Area 302m2 First level Restaurant located in a Holiday Apartment Building “Beachfront Towers” with High Exposure to busy Aerodrome Road
Great position in Maroochydore directly opposite the Beach and Park
The current "Authentic Italian Restaurant " has been operating for over 16 years. “Cala Luna Italian Restaurant” 4.5 Star. Web Site: https://calaluna.com.au/ Previous to Cala Luna the premises operated as the Happy Dragon Chinese Restaurant for 15 years also, making a total of 31 years as
Lease Deatails - 3yr + 3yr Commenced 1st September 2023
Current Rent - $82,435 + Outgoings ( except for Sinking Fund $5,049 pa )
Net Income - $77,386 pa
Further Information Package Available
Rare opportunity for an Investor to buy in a prime beachside location..
For Sale $1,100,000 - Current Net Rent $77,386 pa - Yield 7.00% pa