Shop 2, 229-231 Gympie Terrace,
Noosaville, QLD 4566
Shops & Retail
Price information
Sold
$1,221,000
Key property information
Floor area
Tenure type
Sold on
Map of Shop 2, 229-231 Gympie Terrace
5.23% Net Return: Noosa Riverfront Investment - Renewed 5+5+5 Year Lease
David Brinkley and Tracey Ryan from Ray White Commercial are pleased to present Shop 2, 229-231 Gympie Terrace to market for sale.
Situated in Noosaville's tightly held riverfront commercial strip, this is an investment opportunity not to be missed.
PROPERTY FEATURES:
• Zilba Lifestyle Footwear have renewed their lease for a 5 year term (commenced December 2022) and have a further 5 year + 5 year option to follow
• Net income $64,151 per annum* + outgoings + GST (5.23% net return)
• $11,330 security bond plus personal/director guarantees
• Prominent central position in the highly sought after Gympie Terrace retail/dining/residential precinct
• Favourable northerly aspect with stunning views out across the Noosa Riverfront
• 56m²* internal shop area plus 20m²* licence to use undercover terrace area and 4m²* storage room
• Neighbouring tenants include Raw Energy cafe and new tenant Baxter's Bar & Deli
Call or email David Brinkley or Tracey Ryan to inspect the property or for further information.
Our team is strategically located in offices in Noosa, Maroochydore and Caloundra to handle your commercial, industrial and retail property needs across the Sunshine Coast.
Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com
* Approx.
Situated in Noosaville's tightly held riverfront commercial strip, this is an investment opportunity not to be missed.
PROPERTY FEATURES:
• Zilba Lifestyle Footwear have renewed their lease for a 5 year term (commenced December 2022) and have a further 5 year + 5 year option to follow
• Net income $64,151 per annum* + outgoings + GST (5.23% net return)
• $11,330 security bond plus personal/director guarantees
• Prominent central position in the highly sought after Gympie Terrace retail/dining/residential precinct
• Favourable northerly aspect with stunning views out across the Noosa Riverfront
• 56m²* internal shop area plus 20m²* licence to use undercover terrace area and 4m²* storage room
• Neighbouring tenants include Raw Energy cafe and new tenant Baxter's Bar & Deli
Call or email David Brinkley or Tracey Ryan to inspect the property or for further information.
Our team is strategically located in offices in Noosa, Maroochydore and Caloundra to handle your commercial, industrial and retail property needs across the Sunshine Coast.
Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com
* Approx.
Additional information
External websites
Property ID: 504250412Last Updated: 17 Aug 2023
RWC - Noosa & Sunshine Coast
Suite 204, 90 Goodchap Street, Noosaville, Qld 4566 & Suite 1, 27 Sixth AvenueNOOSAVILLE, QLD 4566
Shop 2, 229-231 Gympie Terrace
Noosaville, QLD 4566
RWC - Noosa & Sunshine CoastSuite 204, 90 Goodchap Street, Noosaville, Qld 4566 & Suite 1, 27 Sixth Avenue
NOOSAVILLE, QLD 4566
NOOSAVILLE, QLD 4566
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