136 Greenoaks Drive Coolum Beach, QLD 4573

On behalf of RWC Northern Corridor Group, Cory Hoy & Fraser Martin are excited to present a rare opportunity to purchase a freehold property in the highly sought-after Greenoaks Drive.

This property has a national tenant with turnover approximately $50million annually.

Zoned Local Centre for a variety of uses, allowing for a huge variety of potential tenants.

Situated on 607m² of prime land, the building (approx 240m²) has been renovated and features the following:
• 6 car spaces plus street parking
• Multiple lock-up areas
• Multiple enclosed and open office spaces
• Several storage areas, all lockable
• Beautiful back yard for staff
• Security cameras throughout
• Development potential - previously approved for 3 story retail/office development

Greenoaks Drive is not just popular with owners, rental vacancies here are filled in record time.

Tenancy details:

• Leased until May 2027 with a 3 year option.
• Tenant has been there for over 10 years
• NET rental $72,776
• Market rent $85K-$90K NET and likely higher when a market review is due in 2027
• 4% yearly increases
• Tenant has no desire to ever leave

For more information or to arrange a viewing (after hours) please contact Cory Hoy or Fraser Martin from RWC Northern Corridor Group.