Well Established Long Term Tenant Investment | Coolum Beach
- Well Established Indian Restaurant (8 years in location)
- Only 1 other Indian Restaurant in Coolum
- Tenanted Investment in small well maintained complex
- Huge glass street frontage with servery
- Strong rental history for this property due to highly sort after location
- Located opposite Coles Supermarket and specialty shops
- Situated in the center of Coolum Business District & close to the Esplanade
- 3 allocated car parks at rear plus abundant street and other parking
- Current Net Rent of $56,160 with tenant paying all relevant outgoings
Tenanted Investments in Coolum Beach are hard to come by.
We encourage you to contact our exclusive marketing agents for further information on the property.
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Strata Title|
|Council/Shire||Sunshine Coast Council|
|Rental Income (Weekly)||$1,080 *|
|Gross Annual Income||$56,314 *|
|Water Charges (Annually)||$1,300|
|Council Rates (Annually)||$3,500|
|Strata Fees (Annually)||$3,780|
|Other Costs (Annually)||$10,830 *|
|Total Annual Costs||$19,410 *|
|Nett Annual Income||$36,904 *|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.