QUALITY NEW BUDERIM INVESTMENT FOR SALE | 6% NET RETURN
SOLD
8/2 Pioneer Crescent
Buderim QLD 4556
Retail
FOR SALE
120m2
Emily Pendleton and Christine Freney from Ray White Commercial Northern Corridor Group are pleased to present to market the Honeysuckle Cafe on Pioneer Crescent in Buderim, for sale as a tenanted investment. The Cafe has 80sqms of internal ground floor retail with a dedicated Alfresco area of approximately 40 sqm. It is part of a 6-story residential complex (Elevate) and has a commanding view over the Buderim township. There are four major roads leading into the center of Buderim where the shopping precinct resides, this development and cafe are located where these roads intersect. The cafe tenant is an experienced chef and manager moving from a high end local Asian Fusion restaurant in December 2019 and comes with a wealth of experience and a huge following. The restaurant has a state-of-the-art kitchen, a 42-seat interior dining area plus a 40 sqm outdoor dining area that provides an additional 54 seats.
- Tenant: Honeysuckle Restaurant
- Lease Commencement: Dec 2019
- Lease Expiry: Dec 2025
- Increases: 3%
- Outgoings: 100% payable by the tenant
For further information please contact the exclusive marketing agents Emily Pendleton or Christine Freney.
- Tenant: Honeysuckle Restaurant
- Lease Commencement: Dec 2019
- Lease Expiry: Dec 2025
- Increases: 3%
- Outgoings: 100% payable by the tenant
For further information please contact the exclusive marketing agents Emily Pendleton or Christine Freney.