2 & 3/187 Gympie Terrace Noosaville QLD 4566

For the first time offered to the market since the resort was developed, Colliers are pleased to present Lots 2 & 3, 187 Gympie Terrace, Noosaville. An outstanding opportunity to secure a residential and commercial investment in the heart of Noosaville at an entry level price.

Key features:
- Income derisked by multiple tenants from different asset classes (residential and commercial)
- Located in the popular Islander Resort in the heart of Noosaville's entertainment and dining precinct
- Opportunity to improve residential yield by refurbishment and short letting
- Fully managed set and forget investment

Lot 2
- Estimated net income of $52,672 per annum*
- Building Areas: Residential: 87m²* Commercial: 76m²*
- Potential for new owner to occupy the ground floor commercial space

Lot 3
- Estimated net income of $64,278 per annum*
- Building areas: Residential: 87m²* Commercial: 78m²*
- Commercial space leased to well established Indian restaurant who have been trading in the area for over 30 years

For Sale in One-Line or as separate allotments: Lot 2: $940,000 | Lot 3: $1,070,000

For further information or to arrange an inspection, please contact exclusive marketing agents Jesse Howitt or Reff Sykes

*Approximately