Shop 2, 229-231 Gympie Terrace, Noosaville, QLD 4566

Retail

Sold $1,227,000

  • Property ID: 426572
  • Floor Area: 56m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 17/08/2023 56m2 N/A N/A
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.

Noosaville Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8118 $735 9.05%
Industrial $6731 $306 4.55%
Offices $6260 $506 8.09%
This is the average advertised price, rent and yield for Noosaville, QLD 4566*

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

 

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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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