Quality Investment, Highly Sought-after Location, Quality Tenants

SOLD

Suite 1 & 2/11 Walan Street

Mooloolaba QLD 4557

Retail

FOR SALE

178m2

Suite 1 & 2 of 178sq m are available for sale.

Ground floor retail / commercial stratas situated in a quality architectually designed commercial building only 400m from Mooloolaba Esplanade & patrolled surfing beach.

Both these stratas are fully leased with Unit 2 (104sq m) being tenanted by Bank of Qld on a 5 year lease which commenced 28 February 2008 and is currently paying a net rental of $47,146.47pa + GST. Unit 1 (74sq m) has a brand new lease to Phsyiotherapist with the lease starting 1 April 2011 and the net rental of $24,338.26pa gross + GST. The total net rental for both Lots 1 & 2 is $71,484.73.

This is a rare opportunity to acquire a quality investment, in a highly sought-after location with quality tenants.

For further information contact Scott Gardiner.