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Lot 3, 5 Grand Parade (Kawana Island), Parrearra, Qld 4575

Lot 3, 5 Grand Parade (Kawana Island), Parrearra, Qld 4575

Retail

  • For Sale
  • $1,800,000
  • For Sale

Stunning Waterfront Commercial Investment Property in a Captive Market

  • Riverfront 224m2+259m2 enclosed outdoor
  • Captive market
  • Return $120,328pa* plus GST

  • Floor Area
  • 224 m²
  • Last Updated
  • Jul 17, 2019
  • Parking Comments
  • 9 car parks

Interested in this property? Contact an Agent today

Colliers International - Sunshine Coast

Level 5, 57 The Esplanade

Cotton Tree Qld 4558

Daniel Vella

Stunning Waterfront Commercial Investment Property in a Captive Market

Located on Kawana Island, central to the Sunshine Coast, this architect designed waterfront strata titled property is being offered for sale.

The anchor tenant and restaurant and bar is operated by a successful chef with a lease in place with option to 2025. Also adjoining is a convenience store with a new lease until November 2021. Being the only convenience store and one of only two restaurants on Kawana Island it enjoys a "captive" residential market.

- Nett annual income of $120,328pa*
- 4% annual increases
- 224sqm* retail space with stunning fit out
- Additional waterfront alfresco area of 259sqm*
- Exclusive car parks on grade (9)

A sound property investment on the shore line of Kawana Island's Double Bay

For Sale - $1,800,000

Contact exclusive marketing agent Daniel Vella to obtain additional information

Retail Investment / SEQ Investment / Retail Property / Beachfront / Sunshine Coast Investment / Sub 2 Million

Lot 3, 5 Grand Parade (Kawana Island), Parrearra, Qld 4575

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