Shop 5, 10 Memorial Avenue, Tewantin, QLD 4565

Retail

Sold $525,000

  • Property ID: 435808
  • Floor Area: 59m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 21/12/2023 59m2 N/A $515,000
Tenanted Investment - 6.67% Yield

John Petralia from RWC Noosa & Sunshine Coast is pleased to present Shop 5, 10 Memorial Avenue to market for sale.

Tewantin is benefiting from a surge in property prices with families moving in and renovating or building new homes. Located at the entrance to Tewantin, this tenanted investment is centrally located in a thriving food and retail hub.

The property is secured by a 3 year lease to a business operator with multiple sites.

While they are trading at the front of the shop, the rear still includes an exhaust fan, sinks/stainless steel benches and access to a grease trap and gas. This allows the property to be used as a cafe/restaurant in the future.

• 59m²* plus seating out the front
• Lease expiry 10/8/25 + 3 year option
• Air-conditioning
• Plenty of parking front and rear
• Exhaust fan, gas connections and sinks
• Located in a popular food and retail destination

Call or email John Petralia 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.

Tewantin Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $333 ---
Retail $7816 $515 6.59%
Offices $7911 $441 5.58%
This is the average advertised price, rent and yield for Tewantin, QLD 4565*

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:

  • 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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