Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present Lots 2 and 3, 8 King Street, Buderim as a tenanted investment for sale by Expressions of Interest.
The property is situated within a high profile, beautifully presented building with with strong visibility in a well-established commercial precinct. The premises forms part of the regions key retail centre with the likes of Century 21, Grant Smith Real Estate and The Coffee Club with ample onsite car parking.
Tenant: McGrath Real Estate Buderim
Operational: 5 years in this location
Lease Commencement: 8/7/2018
Lease Expiry: 7/7/2023
Option: 1 x 5 years
Increases: Fixed 2% increases each year
Current Net Rent: $86,718.00
Outgoings: 100% paid by the tenant
This property is being sold by the way of Expressions of Interest closing on Thursday 7 February 2019 4pm.
For further information or to arrange an inspection please contact Exclusive Marketing Agent Emily Pendleton on 0402 435 446.