3/5 Grand Parade, Parrearra, Qld 4575

David Goldsworthy and Samuel Hoy from RWC Northern Corridor Sunshine Coast are pleased to present 3/5 Grand Parade, Parrearra to the market for sale.

Positioned within the tightly held Kawana Waters precinct, this exceptional waterfront commercial investment presents a rare opportunity to acquire a fully leased asset underpinned by secure income, quality lease terms and long-term investment fundamentals.

Generating an income of $194,728.40 per annum*, the property comprises 224m² of lettable area* and is fully leased to 2 established commercial tenants. Both leases are secured on 3 year terms with 1 further 3 year option, incorporating fixed annual rental increases, providing investors with immediate cash flow and built-in rental growth.

Occupying a prominent position within a boutique commercial complex overlooking Double Bay Park, the property benefits from an irreplaceable waterfront setting, surrounded by the established Kawana Waters residential catchment. Opportunities to acquire income-producing commercial investments in this tightly held location remain exceptionally limited.

Property Highlights
• Fully leased waterfront commercial investment
• Rental income of $194,728.40 per annum*
• Total lettable area of 224m²*
• Outstanding 259m2* exclusive waterfront dining area
• 10 exclusive car parks
• Fully leased to two established commercial tenants
• Both leases comprise 3-year terms plus 1 x 3-year option
• Fixed annual rental increases providing built-in income growth
• Boutique commercial complex within the heart of Kawana Waters
• Overlooking Double Bay Park with picturesque water views
• Approximately 5.2km to the future WAVE Project - Birtinya Station

Why Invest in the Sunshine Coast?

The Sunshine Coast continues to be one of Australia's strongest regional investment markets, supported by billions of dollars in public and private investment. Landmark projects including the Maroochydore City Centre, Sunshine Coast Airport expansion, the WAVE Project, the Sunshine Coast University Hospital precinct, and ongoing transport infrastructure upgrades continue to drive employment, population growth and commercial demand across the region.

Combined with secure lease structures, fixed rental growth and a tightly held waterfront location, 3/5 Grand Parade, Parrearra represents an outstanding opportunity to secure a high-quality commercial investment with enduring long-term appeal.

To arrange an inspection, contact David Goldsworthy and Samuel Hoy from RWC Northern Corridor Sunshine Coast