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Lots 13, 14, 15 & 16, 29 Sunshine Beach Road
Noosa Heads QLD 4567
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Sold on 29 Feb 2024

Lots 13, 14, 15 & 16, 29 Sunshine Beach Road Noosa Heads QLD 4567

  • Shop & Retail
  • 2,500 m²
  • Sold

Noosa Cinema Complex and Ancillary Retail with a WALE of 7.9 years

  • Estimated Net Income of $1,100,000 p.a.*
  • Leased to Birch Carroll & Coyle to 2031
  • WALE of 7.91 years

Colliers is pleased to offer Lots 13, 14, 15 & 16, 29 Sunshine Beach Road, Noosa Heads for sale.

Known as the Noosa Cinema Centre, the offering is underpinned by a lease guaranteed by Birch Carroll & Coyle Limited until June 2031, with additional income from a fitness centre on a new 5 year lease until 2027.

- Current net income of approximately $1.1 million*
- Combined NLA of over 2,500sqm*
- Net Lease terms with excellent annual reviews
- 63% of interest entitlements in the Community Title Scheme
- Located in the heart of Noosa Heads in the bustling Noosa Junction precinct only a short distance from Hastings Street and Sunshine Beach
- Strong demographic catchment with over 2 million tourists per annum
- Benefits from immediate access to a 280* vehicle public car park
- Potential for longer term redevelopment of the site.

For Sale by Expressions of Interest.

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

* Approx.

EXPRESSION OF INTEREST

Closing date and time22/06/2023 16:00
Recipient nameAsk Agent
Delivery addressColliers Sunshine Coast
Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Date Sold29 Feb 2024
Floor Area2,500 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018542846
Category
Last updated  29 Feb 2024
Map for Lots 13, 14, 15 & 16, 29 Sunshine Beach Road Noosa Heads QLD 4567
Colliers International Sunshine Coast
Colliers International Sunshine Coast
Level 5, 57 The Esplanade
Cotton Tree, QLD 4558

Property Highlights

Date Sold29 Feb 2024
Floor Area2,500 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018542846
Category
Last updated  29 Feb 2024

Co-Agents

Nick Dowling
Colliers International Sunshine Coast
Call
0419 726 705
Reff Sykes
Colliers International Sunshine Coast
Call
+61 450 005 340
Jesse Howitt
Colliers International Sunshine Coast
Call
+61 468 495 640

More about Lots 13, 14, 15 & 16, 29 Sunshine Beach Road Noosa Heads QLD 4567

Lots 13, 14, 15 & 16, 29 Sunshine Beach Road Noosa Heads QLD 4567 is categorized as Shop & Retail Property. It has a floor area of 2,500 m². The listing ID for this property is 2018542846.

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