235 Bradman Avenue Maroochydore, QLD 4558

Ray White Retail are proud to present 235 Bradman Avenue, Maroochydore (Sunshine Coast), QLD. For sale by Auction on Friday 18th September, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• 906sqm architectural masterpiece, meticulously designed and built in 2020 on an irreplaceable 1,011sqm riverfront landholding.
• Three healthcare tenants, a psychiatry clinic, psychology practice and skin clinic, across the ground and first floor, fitted out to bespoke, impeccable standards.
• Two oversized 2 bedroom (plus study) penthouses take the entire top floor (198sqm + 193sqm), with 14 on site car parks including two lock up garages for residential use.
• Offered for sale in one line across five strata titles (3 commercial, 2 residential), with the flexibility to sell down individually or retain complete ownership and control
• Gross Income of $324,943 + GST p.a.
• Fully Leased Net Income of $254,172 + GST p.a.

|The Consulting rooms|
• Bespoke owner occupier quality fit out to exacting standards, set to attract high end, profile conscious professionals with the perfect mix of style, functionality and amenity, in a light filled, industrial feel space focussed on well being and efficiency.
• Each tenancy enjoys its own refined, personal restrooms and kitchens, with consulting rooms, team rooms, meeting rooms, conference rooms, receptions and private restrooms (including shower) across the 3 commercial tenancies.

|The Building|
• Striking design and street appeal taking full advantage of the river orientation, by nationally recognised designer Reitsma and Associates and award winning builder Planet Homes.
• Functionality, serviceability and life time principles are integral to the design, from a robust fully suspended concrete slab system with insulated concrete walls to an enhanced multi layer Dulux coating that requires no reapplication for decades.
• Solar panels to roof, water tanks to ground and a full service court, all with minimal caretaker needs, alongside brand new building services including automated toilets, full disability compliance and a fully integrated fire system.
• A professional grade Kone lift with feature timber accented entrances, designer entry stairway with industrial accented details, non slip surfaces
throughout, and tinted, acoustically rated windows.

|The Penthouses|
• Uniquely designed with layout, features and details rarely found: oversized penthouses of 198sqm and 193sqm, circa double the standard Sunshine Coast two-bedroom, each with a generous master, ensuite, second bedroom and bathroom, study and internal laundry, everything oversized.
• Two balconies each capture irreplaceable Maroochy River and bridge views that can never be built out, with stacking glass and a servery window pushing
the kitchen straight through for seamless indoor-outdoor flow.
• Purpose built to ultra-high specification for the vendor's own family, with flush cabinetry, stone benchtops, full height tiling, premium appliances and full-sized kitchens, across two distinct designs, contemporary open plan and traditional.
• Full lift and stair access from a secure ground floor entry, currently rented at $920 per week each with upside potential.

|Where|
• Riverfront position with 20m of frontage to both Bradman Avenue and the Maroochy River, directly opposite the water with uninterrupted district views,
in a premium Sunshine Coast location, Queensland's third largest region, with population projected to exceed 540,000 by 2046.
• Direct Sunshine Motorway on ramp metres away, bypassing Sugar Road and Maroochydore Road entirely. Approx 5 minutes to Sunshine Plaza, Maroochydore Beach, Alexandra Headland and Cotton Tree, 10 minutes to Mooloolaba and 5 minutes to Sunshine Coast Airport.
• Walking distance to the 53 hectare Maroochydore City Centre Priority Development Area, delivering over 160,000sqm* of commercial, retail and civic space, 4,000 apartments, 15,000 jobs and the 2032 Olympics Athletes Village, backed by up to $2.5 billion in private investment, plus IGA, Liquorland, childcare centre, medical centre, gym, pharmacy, cafés and a bus stop at the door, all on the same block.

|Why|
• An ultra passive, set and forget investment with a diversified income stream under one roof, healthcare below and riverfront penthouses above, a unique high end asset only rarely found and extremely difficult to repeat.
• A replacement cost well above the likely purchase price with nothing comparable likely to be built on a riverfront anywhere in the country.
• Significant rental upside across the commercial tenancies, currently just $456/sqm to $492/sqm net (well below a build of this calibre)
• Owner occupier appeal, run your business downstairs and live upstairs, with substantial depreciation benefits for the incoming purchaser, on a property
that has never been sold, only ever developed, designed, built and owned by the original owner.
• Identity and exposure like no other: a clear, stylish, unique presence that avoids getting lost in a multi storey down town conglomerate, with such huge
traffic movements and market presence that visibility is second to none on the Sunshine Coast.
• Sunshine Coast is Australia's number 1 performer and number 1 destination for city movers, with 8.8% share of migration, growing from 338,000 to 417,000 in the last 5 years (almost 25% population growth), with prices up to 14.6% year on year.