Newly Built Retail Asset with 5-Year Lease on the Sunshine Coast
Our team have secured an exceptional investment opportunity in a newly built retail asset on the Sunshine Coast. Secured with a new 5-year lease and 2 x 5-year options, this property is set to benefit from 3% fixed annual rent increases and a tenant-friendly net lease structure, with all outgoings covered, including management fees. This low-maintenance asset promises steady cash flow in one of Australia’s most active economic regions.
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Purchasing Costs
Key Highlights
• High-profile location
• Tier 1 infrastructure in a fast-growing area
• 5-year lease term with options until 2039
• 3% annual rental increases
• Good depreciation benefits due to new build status
• Single tenant – Pilates Studio, Australia’s only 24/7 Reformer Pilates franchise
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