7 Ocean Street, Maroochydore QLD

For Sale

Retail

$2,600,000 + GST (if applicable)

748m2

Ray White Commercial Noosa and Sunshine Coast North have the pleasure in offering the opportunity to acquire 7 Ocean Street Maroochydore, a multi tenanted investment property located in the Heart of the Maroochydore CBD.

Situated on busy Ocean Street and opposite the Big Top Shopping Centre this property boasts a good tenant mix with a low chance of multiple vacancy in the future and development potential, this is an opportunity not to be missed.

+ Freehold property with development upside

+ 748sq m (approx) net lettable area

+ 663sq m (approx) site

+ Current net annual income: $188,207.98 (7.2% yield based on price)

+ Potential net return of $221,807.98 (approx) when fully leased

+ Seven out of the eight tenancies are occupied

+ Large street frontage of 22 metres (approx) to busy Ocean Street

+ Rear lane way access to Duporth Avenue

+ Council car parking nearby

Call or email David C Smith or Kenny Knight to inspect the property or find out about other suitable options.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.