**SOLD** (Auction Cancelled) - With a secure long-term lease in place, you can invest with confidence in this exceptional commercial investment property offering a solid, reliable income stream with a well-established, reputable and secure tenant, 'Bright Start Specialised Early Learning'.
The facility, originally purpose built as a 40 place day care centre, is designed to meet the high standards of early childhood education, providing a thriving environment for both children and staff.
Whether you're a seasoned investor or looking to kick off your commercial portfolio, this property presents a unique opportunity to secure a high-quality, income-generating asset for the long term.
For further information, contact William Emms today on 0423 380 685
Key Features:
* 1024m2 parcel of land
* Long term lease in place - 3 years with 3 x 3 year options
* Lease agreement - $72,000 + outgoings + GST
* Purpose built (40 Place, 220m2) day care centre
* Solid brick veneer construction (1993 Build Date)
* 6 x onsite hard stand car parks
* Ample street parking
* Strategic location at only 400m from Kuluin State School
* Minutes drive to Maroochydore, Nth Buderim Shops and amenities
The size of Kuluin is approximately 1.9 square kilometres. It has 9 parks covering nearly 11.4% of total area. The population of Kuluin in 2011 was 2,255 people. By 2016 the population was 2,366 showing a population growth of 4.9% in the area during that time. The predominant age group in Kuluin is 40-49 years. Households in Kuluin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuluin work in a trades occupation. In 2011, 70.6% of the homes in Kuluin were owner-occupied compared with 72.4% in 2016.
Kuluin has 1,092 properties. Over the last 5 years, Houses in Kuluin have seen a 73.07% increase in median value, while Units have seen a 87.34% increase. As at 28 February 2025:
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