Added 4 days ago
1/1 Courage Street,
Sippy Downs, QLD 4556
Shops & Retail • Other • Medical & Consulting
Added 4 days ago
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
1/1 Courage Street
Sippy Downs, QLD 4556
Map of 1/1 Courage Street
Bus stops within 5 km of 1/1 Courage Street, Sippy Downs, QLD 4556 Distance USC Station 606 m University Dr at Hibiscus Resort 691 m University Way at Chancellor Park 724 m University Way at Chancellor Park Marketplace 792 m Stringybark Rd Near Jorl Ct 841 m POWERED BY HERE ©
POWERED BY HERE ©
Strong Trading Sunshine Coast Restaurant | New 5 Year Net Lease + Options to 2040
- Within Major residential precinct
- Proximity to the University of SC
- Fixed 4% rental increases
The opportunity has the following investment highlights:
CBRE is pleased to offer to the market 1/1 Courage Street, Sippy Downs (Sunshine Coast) QLD 4556 for sale via Offers to Purchase.
+ New five (5) year net lease to 2030 to Junk Asian Restaurant, plus two (2) further five (5) year options to 2040
+ Junk Restaurant: considered a 'Sunshine Coast institution' specialising in Asian cuisine, with two locations across SEQ
+ 278sqm* of NLA across a state-of-the-art restaurant with a modern design, accommodating the local residents and attracting customers across the Sunshine Coast
+ Investor preferred net lease terms, with tenant responsible for all usual outgoings including body corporate levies, management fees and insurances
+ Fixed, compounding 4% annual rent increases ensuring continued income growth
+ Prominently situated in a major residential precinct with over 2,200+ dwellings & 5,700 residents located within a 1km* radius of the site^
+ Prime site positioning within Sunshine Coast’s premier educational precinct, directly adjacent The University of Sunshine Coast and within immediate proximity of four (4) schools, which combine to service over 5,500 students*
+ Outstandingly positioned landholding located between the Bruce Highway & the Sunshine Coast Motorway, two major arterial roadways carrying a combined 105,742* passing vehicles daily
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000 which is forecast to grow to by 33% to over 500,000 residents by 2041^
+ Net Income: $197,651 pa* + GST
To be sold via Offers to Purchase
Please contact the exclusively appointed sales team for more information.
*Approx
^GapMaps
^^SunshineCoastCouncil
CBRE is pleased to offer to the market 1/1 Courage Street, Sippy Downs (Sunshine Coast) QLD 4556 for sale via Offers to Purchase.
+ New five (5) year net lease to 2030 to Junk Asian Restaurant, plus two (2) further five (5) year options to 2040
+ Junk Restaurant: considered a 'Sunshine Coast institution' specialising in Asian cuisine, with two locations across SEQ
+ 278sqm* of NLA across a state-of-the-art restaurant with a modern design, accommodating the local residents and attracting customers across the Sunshine Coast
+ Investor preferred net lease terms, with tenant responsible for all usual outgoings including body corporate levies, management fees and insurances
+ Fixed, compounding 4% annual rent increases ensuring continued income growth
+ Prominently situated in a major residential precinct with over 2,200+ dwellings & 5,700 residents located within a 1km* radius of the site^
+ Prime site positioning within Sunshine Coast’s premier educational precinct, directly adjacent The University of Sunshine Coast and within immediate proximity of four (4) schools, which combine to service over 5,500 students*
+ Outstandingly positioned landholding located between the Bruce Highway & the Sunshine Coast Motorway, two major arterial roadways carrying a combined 105,742* passing vehicles daily
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000 which is forecast to grow to by 33% to over 500,000 residents by 2041^
+ Net Income: $197,651 pa* + GST
To be sold via Offers to Purchase
Please contact the exclusively appointed sales team for more information.
*Approx
^GapMaps
^^SunshineCoastCouncil
Sippy Downs, 4556 demographic data
The median household income for Sippy Downs is $1,484, 2% lower than Regional Queensland's household income of $1,507. Sippy Downs has a younger age profile compared to the rest of Regional Queensland (median age 33 vs 41). Property ownership data shows 50% of property owners in Sippy Downs have a mortgage.
11,544
Population
$1,484 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
CBRE - QLDLevel 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000