Savills News

Sea Pearl retail leased in Mooloolaba Esplanade

Shop 5 ‘Sea Pearl’ 87 Mooloolaba Esplanade Mooloolaba QLD.

Cybertek has leased a 62sq m retail tenancy on the popular Mooloolaba tourist strip from June 2020 from Leadbetter Developments paying approx. $1,600 per square metre on a 5 year lease.  

Located at Shop 5 ‘Sea Pearl’ 87 Mooloolaba Esplanade, Mooloolaba, the annual rental income is $100,000 gross.

Sea Pearl development is front and centre on the esplanade overlooking the ocean. Other tenants include Ben & Jerrys and Surf Dive n Ski.

The deal was negotiated by Jason O’Meara of Savills Australia who said “This is a second store expansion for Cyberteks Adam Donovan, having a shop in Nambour Plaza also on the Sunshine Coast.”

With over 20 years’ experience Cybertek repair mobile phones, tablets, laptops and PC’s.

Learn more about Savills Retail Leasing.

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