Two commercial freehold lots situated below the modern Pumicestone Blue Resort fronting Caloundras main retail and tourist strip, Bulcock Street – to be offered for sale in one line.
Comprising five commercial tenancies over the two titles totaling 473sqm net lettable area. These lots are occupied by a strong mix of eateries including Jow Noodles, national franchise Nando’s, a Wok and Sushi Bar as well as Income Tax Professionals which have offices nationally.
Each commercial tenancy compliments the resort with their cosmopolitan design and modern fit outs and have long secure leases in place generating a solid holding income of over $162,000 net per annum.
Pumicestone Blue Resort comprises 53 units over 11 levels and is located 150m from the pristine waters of the Pumicestone Passage and Bulcock Beach. This is a desired holiday destination and is approximately 350m from Stockland Shopping Centre, Coles, Kmart and 50 specialty stores.
With high exposure to passing traffic and being fully tenanted, these lots present an impressive opportunity and are a value add to any investor portfolio.
Must sell at auction or prior.
FORTHCOMING AUCTION
Contact marketing agents for further information
Len Greedy 0401 691 807
len@henzells.com.au
Alan Gray 0414 894 084
alangray@henzells.com.au