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