FOR SALE
Mid $2,000,000's

8/38 Esplanade Bulcock Beach
Caloundra QLD 4551

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 231m2
Land area: 231m2
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Beachfront Tenanted Investment with Long Term Tenant

Emily Pendleton and Christine Freney proudly present to the market a prime retail opportunity at Shop 8, 38 The Esplanade, Bulcock Beach/Caloundra. This property is currently tenanted by The Bunker, a popular venue well established in this beachfront location, boasting a 4-star rating on Trip Advisor from 76 reviews. The lease commenced on 14th June 2023 and runs until 12th June 2028, with an additional 5-year option available. With a current rent of $133,780 P/A Net plus outgoings and GST, this investment offers stability and potential for growth, particularly given its prime location and the high foot traffic it attracts.
Property Highlights:
• Size: 231m²* net lettable area
• Prime beachfront corner spot with high visibility
• Ample opportunities for prominent signage
• Includes full kitchen facilities and outdoor dining area
• Historically never vacant, in a tightly held precinct
• High pedestrian flow in one of the Sunshine Coast's busiest beachfront locations
• Zoned for Tourist Accommodation
• Located within the Grand Pacific Resort
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Property Details for 8/38 Esplanade Bulcock Beach, Caloundra

Building Type
Commercial
Floor Size
231m2
Land Size
231m2

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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2011 was 3,558 people. By 2016 the population was 3,914 showing a population growth of 10.0% in the area during that time. The predominant age group in Caloundra is 60-69 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a trades occupation. In 2011, 48% of the homes in Caloundra were owner-occupied compared with 49.9% in 2016.

Caloundra has 3,765 properties. Over the last 5 years, Houses in Caloundra have seen a 79.68% increase in median value, while Units have seen a 87.25% increase. As at 31 August 2024:

  • The median value for Houses in Caloundra is $954,481 while the median value for Units is $843,632.
  • Houses have a median rent of $620 while Units have a median rent of $575.
There are currently 40 properties listed for sale, and 14 properties listed for rent in Caloundra on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Caloundra.

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Emily Pendleton
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RWC Northern Corridor Group - Sunshine Coast Location
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