CBRE is pleased to offer to the market 1/1 Courage Street, Sippy Downs (Sunshine Coast) QLD 4556 for sale via Offers to Purchase.

The opportunity has the following investment highlights:

+ 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