Address available on request,
Kiels Mountain, QLD 4559
EXPRESSIONS OF INTEREST CLOSING FRI 25 JUNE, 12PM
Key property information
Tenanted Investment Details
LEASED SUNSHINE COAST WELLNESS RETREAT
- 5 YEAR LEASE + 5 YEAR OPTION
- SIGNIFICANT CAPEX IMROVEMENTS
- FREEHOLD LAND
The beautifully manicured and extensively landscaped private estate is leased long-term to an established health & wellness retreat and boasts significant improvements including an architecturally designed two level Mediterranean inspired principal residence, heated resort style pool and tranquil alfresco areas, numerous well-appointed self-contained cabins, accommodation for up to 24* guests (12* singles or couples), the list goes on!
The property is a rare asset because of its:
~ Large land holding of 59,180sqm* Rural zoning with approval for a wellness retreat
~ 5 year lease expiring 2026 with a further option 5 year through to 2031
~ Secure rental growth through fixed annual reviews of 3%
~ Sought after rental income of $236,892pa*
~ Central location within 10km radius of Maroochydore city, the beach and Sunshine Coast airport
This secluded estate boasts the convenience of all the desired amenity the Sunshine Coast offers, whilst retaining a private and tranquil setting.
For further information please contact the exclusive agent Ryan Parry from CBRE on 0419 675 758 and please note that inspections are strictly by appointment only.
THE PROPERTY IS FOR SALE BY EXPRESSIONS OF INTEREST CLOSING ON FRIDAY, 25TH JUNE 2021 AT 12 NOON
**Image outlines indicative only
Property ID: 503830382Last Updated: 21 Jul 2021