Booming Sunshine Coast | Guide Dogs Australia

The Details

Location: Maroochydore, Sunshine Coast QLD

Type: Off-Market Commercial

Purchase Price: $590,000

Net Rent: $33,518

Net Yield: 5.7%

Cashflow: $26,000 per year (70% loan @ 2.5%)

Lease: 5 years expiring in June 2025

Floor Space: 99 sqm lettable area

 

Why we love this property

Government-backed tenant

Very long lease

2 x units side-by-side

Potential to split tenancies if tenant leaves

Versatile office or retail property

Capital growth prospects