Land Tax Increases Wreaking Havoc on the Sunshine Coast Commercial Market
Excessive land tax increases are placing additional pressure on Sunshine Coast investors, property owners and tenants in an already challenging economy.
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.
Excessive land tax increases are placing additional pressure on Sunshine Coast investors, property owners and tenants in an already challenging economy.
With more than 30 years in real estate on the Sunshine Coast, Stephanie’s understanding of the regional commercial market is second to none.