Shop 2/235 Gympie Terrace Noosaville QLD 4566

David Brinkley from RWC Noosa & Sunshine Coast is pleased to present Shop 2/235 Gympie Terrace, Noosaville to the market for sale.

If you are seeking 6% net return passive investment with a long term secured lease then look no further than this property.

With a desirable north facing aspect, diners enjoy uninterrupted views of the stunning Noosa riverfront. Centrally located amongst the various popular boutique retailers, cafes and restaurants, this position has proven a great decision for 'Little Humid' restaurant since opening their doors in 2013.

PROPERTY FEATURES

• 101m²* internal area plus 25m²* outdoor exclusive use area
• Secured lease until September 2031 plus further 5 year option
• Current rent $111,347.60 per annum plus recoverable outgoings plus GST (6% Net return)
• 4% annual fixed rental increases
• Operating as 'Little Humid' restaurant since 2013
• Prominent centre street position on Gympie Terrace, providing high level of daily foot traffic
• Located within 'Riverside Noosa' mixed use development - comprising four commercial lots and eight residential lots
• One allocated car park
• Access to complex parking/deliveries at rear via Elizabeth street which runs parallel to Gympie Terrace

Call or email David Brinkley to inspect the property or for further information.

Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.
Note: Property uses are STCA (Subject To Council Approval) and subject to change. We recommend independent town planning advice be sought by buyers and lessees.