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Tank Bathhouse 209 Brisbane Road 11,948 SF Retail Building Mooloolaba, QLD 4557 $3,496,600 ($292.65/SF) 6.40% Cap Rate

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Investment Highlights

Premium water frontage asset offering 35 meters of deepwater access with private jetty.
Long-term secure tenancy with 10-year initial term and 3 x 5-year renewal options.
High-profile location in one of the Sunshine Coast’s most frequented tourism zones.

Recently upgraded facilities, including luxury bathhouse and spa amenities.
Positioned within a five-minute radius of major leisure amenities and iconic Mooloolaba Beach.
Strong annual return supported by net income of $320,000 plus expenses, with potential for future development uplift.

Executive Summary

For Sale at $5M+ with a strong existing lease generating approximately $320,000 net per annum plus expenses. This investment includes a top-ranked luxury spa occupant under a newly commenced 10-year lease with further option periods, anchoring operational stability and revenue. The freehold positioning on deepwater frontage, combined with extensive renovations and potential for future value uplift, creates compelling long-term security for investors seeking coastal premium holdings with exceptional tourism appeal in Mooloolaba’s vibrant leisure precinct.