It just doesn’t get much better than this – a shop, a three story, three bedroom apartment and a studio. That’s three separate incomes!
Located right in the heart of one of Queensland’s top growth suburbs Marcoola, this property is there for the taking for the astute investor.
The shop is currently run as one of Marcoola’s leading restaurants with a secure tenancy in place (2 x 2x 2) and the residential apartment upstairs is currently leased on the same terms. In a separate rental the studio is due for renewal in October 2008 with a tenant keen to stay on.
Currently returning $40,560 p.a., there is provisions in the leases for increases over the tenancy.
With growth on the Sunshine Coast pegged to be at 22% over the next couple of years, get in now and enjoy the capital growth in years to come.