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Shop 2/229-231 Gympie Terrace
Noosaville QLD 4566
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Sold on 21 Jul 2023

Shop 2/229-231 Gympie Terrace Noosaville QLD 4566

  • Shop & Retail
  • 56 m²
  • Sold, $1,221,000

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.

    RWC (Noosa & Sunshine Coast)
    RWC (Noosa & Sunshine Coast)
    Suite 204,90 Goodchap St
    Noosaville, QLD 4566

    Property Highlights

    Date Sold21 Jul 2023
    Sold Price$1,221,000
    Floor Area56 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018340425
    Category
    Last updated  29 Jul 2023
    Map for Shop 2/229-231 Gympie Terrace Noosaville QLD 4566
    RWC (Noosa & Sunshine Coast)
    RWC (Noosa & Sunshine Coast)
    Suite 204,90 Goodchap St
    Noosaville, QLD 4566

    Property Highlights

    Date Sold21 Jul 2023
    Sold Price$1,221,000
    Floor Area56 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018340425
    Category
    Last updated  29 Jul 2023

    Co-Agents

    David Brinkley
    RWC (Noosa & Sunshine Coast)
    Call
    0448 594 361
    Tracey Ryan
    RWC (Noosa & Sunshine Coast)
    Call
    0421 981 490

    More about Shop 2/229-231 Gympie Terrace Noosaville QLD 4566

    Shop 2/229-231 Gympie Terrace Noosaville QLD 4566 is categorized as Shop & Retail Property. It has a floor area of 56 m². The listing ID for this property is 2018340425.

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