ATTRACTIVE 7.4%+ NET RETURN - FULLY LEASED SUNSHINE COAST INVESTMENT
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Lot 4 "Regatta Lake"/4-6 Innovation Parkway, Birtinya QLD 4575

Offered for immediate sale $2,599,000

OfficeSize: n/a
- Modern centrally located office building, full floor plate, top floor with uninterrupted Lake Kawana water views / north-easterly aspect, high growth location
- Lot 4 offers three separate tenancies with two quality tenants over 571sq m* NLA (nett lettable area) 626sq m* GLA
- 19 car parks total exclusive use on site at rear, high end functional fitouts, balconies to each tenancy
- Tenancy 1 and 2 combined leased to Fenwick Collective (Accountants) 292sq m*, 5 year lease to end September 2027 (plus 3 year option), current income $103,000* per annum
- Tenancy 3 leased to AWX, 279sq m*, 3 x 3 year lease current income $95,000* per annum
- Net annual income $193,000* (after non-recoverable outgoings)
- Strong lease expiry
- Located within 1* kilometre of Sunshine Coast University Hospital and Ramsay Private Hospital (900+ beds) and adjacent Health Hub precinct
- Commercial lift access, signage, common area M&F toilet facilities/shower on floor, end of trip facilities, security tag access
- Close proximity to cafes, child care services and fitness centres, parks, bikeways and lake, public transport directly in front of building

Offered for immediate sale $2,599,000

For further information contact exclusive marketing agent Jason O'Meara on 0408087868 or email jomeara@savills.com.au

(*Approx.)

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Key details

Property type:
Office

Other Details

Savills Sunshine Coast

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SummaryMedian sales
Average Age
37 years
Population
4,378
Listing ID: 182430170. This listing has been viewed 0 times. It was first displayed on 08/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.