FOR SALE
Offers over $2.45M + GST (if applicable)

Lot 8/38 Esplanade Bulcock Beach
Caloundra QLD 4551

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 231m2
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Prime Beachfront Investment on Bulcock Beach

Josh Harris from Ray White Commercial Noosa & Sunshine Coast is pleased to present 8/38 Esplanade Bulcock Beach, Caloundra.
Set in the heart of Caloundra with prime corner exposure onto both Esplanade Bulcock Beach and Otranto Avenue, the property features waterfront views of Bulcock Beach and the beautiful Pumicestone passage.
8/38 Esplanade Bulcock Beach is currently leased to The Bunker restaurant, who have meticulously fitted out and maintained the premises.
The lease in place offers potential rental growth with annual CPI rent reviews.
The combination of the positioning of the property and strong lease fundamentals presents a rare offering to a wide range of commercial buyers.
KEY FEATURES
• 231m²* net lettable area
• Excellent beachfront corner positioning
• Currently returning $129,360 per annum + outgoings + GST
• Yearly CPI rent reviews
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Property Details for Lot 8/38 Esplanade Bulcock Bch, Caloundra

Building Type
Commercial
Floor 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 3,730 properties.

    There are currently 37 properties listed for sale, and 24 properties listed for rent in Caloundra on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Caloundra.

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