Rarely does a quality investment/asset become available on the main arterial between the Maroochydore CBD and the Sunshine Coast’s premier tourist hub, Mooloolaba.
This 2066m corner site is improved with just over 1000m2 of NLA and is one of the most high profile properties on Aerodrome Rd with over 85mtrs of road frontage. It boasts an excellent convenience centre mix that includes a blend of national brand tenants and proven local operators with a WALE# of 4 years.
Redevelopment options for residential, commercial or mixed use exist for up to 6 storeys* (STCA) to super charge growth prospects.
Offered for sale by private treaty at a circa 8% net yield this is only the second time the property has been offered to market in 23 years.
Contact Exclusive Marketing Agents Keith Grisman 0447 147 478. or Michael Shadforth 0488 980
740. External agent enquiries welcome.
Note; Adjoining properties also available to enlarge land parcel to 5000+m2 with road frontage of nearly 200 metres.
#Weighted Average Lease Expiry
*Subject to council Approval