Secure Investment with Government Tenant on 6 year Lease

Under Offer

Suite 3/14 Duporth Avenue

Maroochydore QLD 4558

Offices

FOR SALE

462m2

Don't miss this exceptional opportunity for the wise investor to secure an "A" grade investment leased to a Queensland State Government tenant on a long 6 year lease who has occupied the premises since 2005.

The property is ideally located on Duporth Avenue in the heart of Maroochydore with an abundance of amenity on its doorstep including cafes, restaurants, post office, banks, a plethora of local and multinational businesses as well as high end apartments.

Lease Particulars

+ 6 year lease from 1/7/20 with options to 2030
+ Annual rental of $150,378*net plus GST and Outgoings
+ Annual Increases at 3%
+ Tenant - Queensland State Government (occupied since 2005)

Asset Features

+ Entire level of 462m²* with balcony of 74m²*
+ 16 Basement parking spaces and 4 storage areas on title
+ Excellent condition with new carpets throughout

The property is being sold via Expressions of Interest closing Wednesday 18 November 2020 at 2pm.

*Approx