9/5 Bermagui Crescent, Buddina, QLD 4575

Jack V Smith & Elisha Vale at Raine & Horne Commercial Sunshine Coast is pleased to present to the market for sale via Expressions of Interest, Lot 9, The Hedge, 5 Bermagui Crescent, Buddina QLD with the campaign set to close on Thursday the 1st of June 2023 at 4:00PM.

This property offers a unique opportunity to own 12 residential storage cages, with three of them currently leased, providing an immediate source of income for the savvy investor.

Key Features:

• 70sqm*

• Consists of 12 Residential Storage Cages

• 3 out of the 12 Cages Already Leased

• Value Add Opportunities

• Potential to Create Passive Income Stream

• Potential to Negotiate a Rental Guarantee for a time period of up to 2 years

The nine remaining cages present exciting value add opportunities and allow the potential to create a passive and steady income.

The cages are located in a prime location, providing easy access for tenants and boasting a secure environment for their belongings. Lot 9 is located directly behind the Kawana Shopping World and is at the base of The Hedge which consists of 97 residential units and 8 commercial and retail lots.

The Hedge is also situated next to upcoming residential development - Lowanna which will consist of luxury ocean and hinterland view apartments.

In addition to the excellent location and potential for income growth, for the right offer, a rental guarantee of up to a 2-year period can be negotiated.

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Method of Sale:

Buyers are invited to submit their highest and best offer for the vendor's consideration. All offers need to be submitted to the selling agent, in the prescribed format, on or before the nominated closing date & time of The Expressions of Interest (EOI) campaign, which is Thursday the 1st of June 2023 at 4:00PM.

It is important to note that offers will not be disclosed to other buyers, only to the vendor. It is then at the vendors discretion as to which offer, if any, that they choose to proceed to contract with. The vendor also reserves the right to accept an offer prior to the end of the EOI campaign should they deem it satisfactory.

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Don't miss out on the chance to invest in this lucrative commercial property. Contact us today to learn more about Lot 9 at The Hedge, and to arrange an inspection.

Elisha Vale | 0423 712 702

elisha.vale@csc.rhc.com.au

Jack V Smith | 0481 212 847

jackvsmith@csc.rhc.com.au