Retail Sold - BIRTINYA QLD
Premium Retail Investment Opposite Bunnings & Anaconda
Sold
Retail Sold - BIRTINYA QLD

Building 2, 10 Capital Place, BIRTINYA QLD 4575

Sold
Premium Retail Investment Opposite Bunnings & Anaconda
Building 2, 10 Capital Place, BIRTINYA QLD 4575
Property Features
  • Retail
  • Land is 17,200 m²
  • Floor Area is 361 m²

Description

Sold
Retail
Description

Premium Retail Investment Opposite Bunnings & Anaconda

Retail Sold - BIRTINYA QLD

+ Absolute blue-chip growth location opposite Sunshine Coast’s largest Homemaker Centre – anchored by Bunnings, Anaconda & Spotlight
+ Close proximity to Stockland Shopping Centre (anchored by Coles & Aldi and one of Australia’s largest health precinct including the new $1.8 billion State-Of-The-Art Sunshine Coast Hospital
+ Long term secure leases of 15 years, 8 years, 6 years and 5 years. Strong WALE of 5 years
+ Excellent depreciation benefits, potential for 43% of the first years income to be free of income tax
+ Anchored by a long term head lease to Subway with complimentary tenants Decisions Café, Mint Espresso Bar and Body & Face Co.
+ Strong rental growth, fixed compounding 4.0%, 3.0% & CPI annual rent increases
+ Building 2 is ideally located at the entrance of ‘Capital Place’ with maximum road frontage to Capital Place & Kawana Way – over 40,000 vehicles passing daily
+ Modern retail building of 361 sqm, situated in the exceptionally busy retail centre of ‘Capital Place’ – an overall lettable area of 5,968sqm on a prominent site of 1.27ha
+ Kawana/Birtinya: Major growth location. Sunshine Coast is set for significant growth over the next 20 years with population forecast to grow by over 32%, from 351,424 to 518,004 by 2041
+ Net Income: $168,126 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction:
11.00am (AEDT), Wednesday 24 February 2021

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Features
  • Retail
  • Land is 17,200 m²
  • Floor Area is 361 m²
Commercial Features
Highlight 1

Secure 15 year lease to Subway

Highlight 2

Fixed 4.0%, 3.0% and CPI rent increases

Highlight 3

40,000 cars passing daily

Pat Kelly
+61 0412244456
07 3145 1201
Raoul Holderhead
0413 860 304
03 9613 0416

Agent iNFORMATION

Pat Kelly
Mobile +61 0412244456
Office 07 3145 1201
Raoul Holderhead
Mobile 0413 860 304
Office 03 9613 0416

Make an Enquiry

07 3220 3611

Level 24, 324 Queen Street
Brisbane Qld 4000

Other Properties

Make an Enquiry

07 3220 3611

Level 24, 324 Queen Street Brisbane Qld 4000