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101-103 Memorial Drive
Eumundi QLD 4562
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Sold on 6 Feb 2024

101-103 Memorial Drive Eumundi QLD 4562

  • Shop & Retail
  • 1,059 m²
  • Sold

Prominent Multi-Tenanted Investment Property in the Heart of Eumundi

  • Net Income: $113,414.08*p.a.
  • Fully leased to five tenants
  • Land area: 1,059m²*

Colliers are pleased to present a rare opportunity to secure a prominent multi tenanted investment property in the heart of Eumundi. Located 100m* away from the famous Eumundi markets.
This freehold property dates back to 1909 and presents a complimentary mix of long standing tenants which provide a weighted average lease expiry (WALE) of 3.75 years and a net income of $113,414.08* per annum.

The large 1,059m²* lot carries improvements that present an NLA of 470m²* with the leading façade of the Old Bakery holding a prominent position within the town.

Key Features:
• Land Area 1,059m²*
• Building area 470m²*
• Five tenancies
• WALE of 3.75 years
• Three tenancies are on 5 year leases + 2 x 5 year options
• Local Centre Zone
• 100m* from the famous Eumundi Markets
• Inward investment into Eumundi anticipated via two significant retail developments
• Ample parking spaces at the dedicated car park to the side of the property
• Noosa and beaches only 25* minute drive
• Bruce Highway 2.5km* away

101-103 Memorial Drive, Eumundi is being offered For Sale at a sale price of $1,800,000

For further information or to arrange an inspection, please contact exclusive marketing agent Johnny Gooderham or Jesse Howitt.

*Approx. *

Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Date Sold6 Feb 2024
Floor Area1,059 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Property ID2018884214
Category
Last updated  27 May 2024
Map for 101-103 Memorial Drive Eumundi QLD 4562
Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Date Sold6 Feb 2024
Floor Area1,059 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Property ID2018884214
Category
Last updated  27 May 2024

Co-Agents

Johnny Gooderham
Colliers International Sunshine Coast
Call
+61 499 980 259
Jesse Howitt
Colliers International Sunshine Coast
Call
+61 468 495 640

More about 101-103 Memorial Drive Eumundi QLD 4562

101-103 Memorial Drive Eumundi QLD 4562 is categorized as Shop & Retail Property. It has a floor area of 1,059 m². The listing ID for this property is 2018884214.

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