Sold
Retail

Shop 3/229-231 Gympie Terrace Noosaville, QLD 4566

Sold for $1,202,500 on 21 Sep 2023
  • Building: 78m²
Agents

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Retail in Noosaville

Committed Vendor responds to market trends

  • Building: 78m²

David Brinkley and Paul Butler from Ray White Commercial Noosa & Sunshine Coast are pleased to present 3/229-231 Gympie Terrace, Noosaville to the market for sale.

  • Secured lease with Baxter's Bar & Deli until October 2025 plus further two x 3 year options
  • Current Net income $76,614 per annum* + outgoings + GST (Further CPI rent increase in October 2023)
  • 3 month rental 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 from the alfresco dining terrace
  • 78m²* total usable area comprising of 58m²* internal restaurant/dining plus council approval for 20m²* use of undercover terrace area
  • Existing fitout included (oz-zone exhaust canopy, stove, combi oven, dishwasher, under bench fridges, kitchen benches)
  • Liquor licence
  • Grease trap and gas supply access
  • Long standing neighbouring tenants include "Raw Energy" cafe and "Zilba Lifestyle Footwear"

Call or email David Brinkley or Paul Butler 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.

Building:

78m²

Tenancy:

Tenanted

Shop 3/229-231 Gympie Terrace, Noosaville, QLD 4566