Sold
Retail

Shop 5/10 Memorial Avenue Tewantin, QLD 4565

Sold for $515,000 on 21 Dec 2023
  • Building: 59m²
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Retail in Tewantin

Tenanted Investment - 6.67% Yield

  • Building: 59m²

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.

Building:

59m²

Tenancy:

Tenanted

Shop 5/10 Memorial Avenue, Tewantin, QLD 4565