Commercial Property Land Valuation System in Queensland is Arbitrary and Unpredictable
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
A well-known former fish-and-chip shop at Coolum Beach is set to go under the hammer.
The retail space once occupied by Simon’s Seafood & Burger Bar is offered for sale by Ray White Commercial Noosa & Sunshine Coast North.
Now vacant, the 82sqm shop at Lot 6, 1796 David Low Way includes a partial fit-out as well as a range hood and grease trap. There is also a 12sqm exclusive-use outdoor area.
“The shop has exceptional main road exposure and a prime location in a busy retail hub,” agent Tracey Ryan says.
“It’s a great location for an owner-occupier or to purchase an investment in a modern beachside retail development.
“The large plate-glass frontage offers excellent signage opportunities and there is plenty of parking at the rear of the building, as well as rear access.”
Neighbouring businesses include a bakery and patisserie, a convenience store, a pizza shop, a sushi bar and McDonalds.
Coolum Beach Holiday Park and a parking area are across the road. The beach is footsteps away.
The auction will be held on site at 11am on Friday, April 13 2018.
• View more Ray White Commercial Noosa & Sunshine Coast North properties for sale and for lease.
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
Ray White Commercial has its first woman auctioneer. Chantel Dielwart has smashed the glass ceiling in the usually male-dominated auctioneer space, obtaining her accreditation late last year.