Shop 13/18 Hastings Street, Noosa Heads, QLD 4567

Retail

Sold $1,190,000

  • Property ID: 424075
  • Floor Area: 53m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 20/11/2023 53m2 N/A $1,180,000
5.3% Net Return - Hastings Street Retail Investment

Tracey Ryan and David Brinkley from Ray White Commercial are pleased to present 13/18 Hastings Street to market for sale.

The owner has committed funds to another project and seeks an immediate sale.

• 53m²* in Noosa Heads' premier street
• 3 x 3 year secured lease. Commenced April 2021 with further options until 2027
• Tenancy has been successfully leased to clothing store operators for over 10 years
• Current net rental return: $64,169* per annum + outgoings + GST
• Annual increases of 3%
• 3 month security bond in place plus personal guarantees
• Floor to ceiling glass window displays spanning width of shop
• Located within Bay Village in the centre of Hastings Street. Bay Village comprises boutique retail shops, food court, games/entertainment parlour, restaurants and licensed bars
• Large multi level car park directly behind complex provides customers and staff easy access

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

Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com

* Approx.

Noosa Heads Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7277 $874 12.01%
Retail $6383 $635 9.96%
This is the average advertised price, rent and yield for Noosa Heads, QLD 4567*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  Ray White Commercial Noosa & Sunshine Coast North

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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