6/2-4 Ocean StreetMaroochydore QLD 4558
Property Details for 6/2-4 Ocean St, Maroochydore
Last Listing description (January 2024)
David C Smith & Jack V Smith from Raine & Horne Commercial Sunshine Coast are proud to present to the market for sale via expressions of Interest closing November 20th 4:00pm, Suite 6 Ocean Central, 2-4 Ocean Street, Maroochydore.
Amidst the flourishing landscape of Sunshine Coast's commercial real estate, an exceptional opportunity awaits at 6/2-4 Ocean Street. This meticulously maintained 60sqm tenanted investment retail space, fortified by a robust 5 x 5 lease, ensures a consistent net income of $25,065.38.
This tenanted Retail Space boasts of:
Generating $25,065.38 Net
4% Annual Increase on rent 5/12/2023 = $26,067.53 Net
Strong 5 x 5 Year Lease in Place
Close proximity to Sun Central CBD
Easy access to Sunshine Coast Motorway and major connecting roads
An array of Ocean Street cafe's, restaurants and bars at the doorstep
Great ROI
The Sunshine Coast's commercial real estate market is experiencing remarkable growth, making this an auspicious time for investors. This tenanted investment promises a healthy return on investment (ROI) and is well-suited for those seeking a secure and lucrative entry point into the market.
Act swiftly to seize this propitious investment opportunity and be part of the thriving Sunshine Coast commercial real estate landscape.
Expressions of Interest closing November 20th 4:00pm the owner reserves the right to sell prior to closing date.
For more information please contact one of our exclusive agents:
David C Smith | 0412712680
Jack V Smith | 0481212847
Property History for 6/2-4 Ocean St, Maroochydore, QLD 4558
- 03 Nov 2023Sold for $435,000
- 20 Oct 2023Listed for Sale EOI CLOSING 20TH NOVEMBER
- 20 Oct 2022Listed for Rent - Price not available
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0About Maroochydore 4558
The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maroochydore in 2011 was 14,445 people. By 2016 the population was 16,764 showing a population growth of 16.1% in the area during that time. The predominant age group in Maroochydore is 20-29 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation. In 2011, 50.4% of the homes in Maroochydore were owner-occupied compared with 49% in 2016.
Maroochydore has 14,401 properties. Over the last 5 years, Houses in Maroochydore have seen a 69.81% increase in median value, while Units have seen a 78.60% increase. As at 31 July 2024:
- The median value for Houses in Maroochydore is $1,077,105 while the median value for Units is $824,521.
- Houses have a median rent of $720 while Units have a median rent of $650.
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