Overview

Presenting a unique opportunity to acquire a premium office investment located in the vibrant Maroochydore CBD, this property at 21-23 Carnaby Street is fully leased to reputable government and institutional tenants. This multi-level office building is designed to provide a secure income stream, showcasing strong covenant strength and long-term stability in a highly sought-after area.

The investment is characterized by fixed rental reviews and additional lease options, making it an attractive low-risk investment in a market that is tightly held and supply-constrained. The property features include:

• Fully leased multi-level freehold office building
• Net Income: $766,407 per annum*
• Weighted Average Lease Expiry (WALE): 4.15 years
• Strong tenant profile comprising government and institutional clients
• Fixed annual rental reviews ensuring consistent income growth
• Net Lettable Area: 1,930sqm*
• Gross Floor Area: 2,053sqm*
• Site Area: 1,761sqm*
• 67 car parks available, along with additional bike facilities
• Strategically positioned within the Sunshine Coast's designated Principal Centre, adjacent to the new Maroochydore CBD
• Limited competing supply with sustained demand from government occupiers
• A highly bankable, low-risk investment appealing to private capital and income-focused funds

This property represents a quality office investment opportunity in one of South East Queensland's most rapidly evolving CBD precincts. For further information, interested parties are encouraged to reach out to the listing agents.

Note: Property uses are subject to council approval (STCA) and may change. Independent town planning advice is recommended for buyers and lessees.

Location