Sold
Retail

Shop 4/8-10 King Street Buderim, QLD 4556

Sold for $2,620,000 on 22 May 2024
  • Building: 257m²
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Retail in Buderim

A-Grade Tenanted Investment - Buderim, Sunshine Coast

  • Building: 257m²

Tallon Pamenter and Alicia Pregnell are excited to present this A-Grade tenanted investment to the market for sale.

PROPERTY HIGHLIGHTS

  • New 6 + 6 year lease to Coffee Club
  • 5% annual increases
  • Income: $150,000 per annum + outgoings + GST

Situated in a desirable location with the perfect demographic for the tenant's operation as a Coffee Club, 4/8-10 King Street, Buderim is the epitome of a set-and-forget investment.

PROPERTY FEATURES

  • 199m²* with additional exclusive outdoor area of 58m²*
  • Lease with Head Franchisor
  • Coffee Club - National Tenant
  • 5% annual increases
  • Newly renewed 6 + 6 year lease
  • Tenant has been there since the beginning, circa 2013
  • Building is well maintained and recently painted
  • Main road exposure, front corner position opening onto the adjacent parklands
  • Situated in the desirable Sunshine Coast suburb of Buderim

This property would suit an astute investor looking for a secure long-term investment in a key location and bolstered by a strong tenant covenant.

Call or email Tallon Pamenter or Alicia Pregnell to inspect the property or for further information.

Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.

Building:

257m²

Tenancy:

Tenanted

Shop 4/8-10 King Street, Buderim, QLD 4556