Long Term, High Profile Tenanted Investment For Sale | King Street, Buderim

SOLD

Lots 2 & 3, 8 King Street

Buderim QLD 4556

Retail

FOR SALE

149m2

Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present Lots 2 & 3, 8 King Street, Buderim as a tenanted investment for sale by Expressions of Interest.

The property is situated within a high profile, beautifully presented building with with strong visibility in a well-established commercial precinct. The premises forms part of the regions key retail centre with the likes of Century 21, Grant Smith Real Estate & The Coffee Club with ample onsite car parking.

Tenant: McGrath Real Estate Buderim
Operational: 5 years in this location
Lease Commencement: 8/7/2018
Lease Expiry: 7/7/2023
Option: 1 x 5 years
Increases: Fixed 2% increases each year
Current Net Rent: $86,718.00
Outgoings: 100% paid by the tenant

This property is being sold by the way of Expressions of Interest closing on Thursday 7 February 2019 4pm.

For further information or to arrange an inspection please contact Exclusive Marketing Agent Emily Pendleton on 0402 435 446.