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SOLD

shop 1/253 Gympie Terrace, Noosaville, QLD, 4566

Properties / Sold / Queensland / Noosaville

Tenanted Investment

1. Property Summary

Selling Method

Offers to Purchase

Selling Details

Closing 4pm Thursday 4th May 2023

Floor Area

66 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Terms

Leased on a 3 year lease with options

Est. Income

$74,263 p/a

Fully Leased

Eclipse Greek

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2. Property Highlights

QUALITY RESTAURANT INVESTMENT - OVER LOOKING NOOSA RIVER - NOOSAVILLE, SUNSHINE COAST

Area: 66sq m* + outdoor seating
Leased on a 3 year lease with options
Current Rental: $74,262.96pa + O/G + GST

- High profile bite sized investment situated on the prestigious Gympie Terrace / Noosa River front strips

- Leased to single tenant Eclipse Greek Restaurant

- Building area: 66sq m* + outdoor seating area

- Total net rental: $74,262.96* per annum + outgoings + GST

- 3 year lease with the tenant currently in their first option expiring end of February 2024 (with 4 x 3 year options)

- The property overlooks the Noosa River and is situated on one of Noosaville’s glamour & prestigious tourist strips well known for its cafes, restaurants, and retail outlets

- This location is high sort after and always attracts high level of clientele and investors alike

This is rare opportunity to secure such a highly sorted after restaurant / retail investment, with good lease in place in such a high quality location.

(*Approx.)

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$74,263 p/a

Tenant

Eclipse Greek

Terms

Leased on a 3 year lease with options

Floor Area

66 m² (*approx)

Selling Method

Offers to Purchase

Selling Details

Closing 4pm Thursday 4th May 2023

2. Property Highlights

QUALITY RESTAURANT INVESTMENT - OVER LOOKING NOOSA RIVER - NOOSAVILLE, SUNSHINE COAST

Area: 66sq m* + outdoor seating
Leased on a 3 year lease with options
Current Rental: $74,262.96pa + O/G + GST

- High profile bite sized investment situated on the prestigious Gympie Terrace / Noosa River front strips

- Leased to single tenant Eclipse Greek Restaurant

- Building area: 66sq m* + outdoor seating area

- Total net rental: $74,262.96* per annum + outgoings + GST

- 3 year lease with the tenant currently in their first option expiring end of February 2024 (with 4 x 3 year options)

- The property overlooks the Noosa River and is situated on one of Noosaville’s glamour & prestigious tourist strips well known for its cafes, restaurants, and retail outlets

- This location is high sort after and always attracts high level of clientele and investors alike

This is rare opportunity to secure such a highly sorted after restaurant / retail investment, with good lease in place in such a high quality location.

(*Approx.)

shop 1/253 Gympie Terrace, Noosaville, QLD, 4566 Noosaville

Savills - Sunshine Coast

Level 5, 26 Duporth Avenue, Maroochydore QLD 4558

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Scott Gardiner

+61 *** *** *** show +61 415 679 112

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

shop 1/253 Gympie Terrace, Noosaville, QLD, 4566