Tenanted Medical Investment, Secure Long Term Lease - Heart of Maroochydore

SOLD

Suite 15/37 The Esplanade

Maroochydore QLD 4558

Healthcare

FOR SALE

107m2

Ray White Commercial Noosa & Sunshine Coast North is delighted to offer this outstanding medical investment property, tenanted by Sunshine Coast Smile Centre (established over 14 years).

Located at 37 The Esplanade, Maroochydore (Sunshine Coast), the property is being offered to the market via private treaty, with a price guide of offers over $1,150,000.

• 107m²*
• Long standing tenants since 2015 - Sunshine Coast Smile Centre
• Secure 5 year lease to May 2025, with a further 2 x 5 year options to 2035
• Highly successful dental surgery business operating for 14+ years
• Prime position along The Esplanade, Cotton Tree, offering exposure, location and lifestyle
• Centrally located amidst high density multi-storey beachfront tourism precinct
• Quality medical fit out with lift access and onsite parking
• Attractive fixed 3% annual rent increases
• Tenants pay all usual outgoings as per the lease
• 2 exclusive use car parks
• Net Income: $52,046.14 per annum* + GST (as at November 2021)

The Sunshine Coast economy has doubled over last decade to over $10 billion, with a population of 350,000+ and set to surpass 470,000* by 2036.

To request a copy of the information memorandum, or to arrange an inspection, please contact Tallon Pamenter.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.

* Approx.