Freehold investment in the heart of Mooloolaba sells for $1.2M

BUYERS Daniel and Sara Briscoe have snapped up a stand-alone freehold investment in the heart of Mooloolaba as 143-147 Brisbane Road sold for $1,200,000.

The asset, which came with a 289sq m* building size and 509sq m* site area, had tenants including Coastal Skin Clinic, Worn. Clothing, Mooloolaba Massage Sports Health Clinic, and Advantage Pilates in place.

The property was sold off-market by Ray White Commercial Noosa and Sunshine Coast North Property Consultant Tallon Pamenter.

“After multiple offers on other properties and searching for almost two years, the new local Sunshine Coast owners were delighted to secure this property,” Mr Pamenter said.

“The building is set to undergo renovations and will be the new face of the popular Roca Verde Hair Studio.

“The local business has been servicing the Mooloolaba and Sunshine Coast clientele for over 13 years and the new owners can’t wait for the opening of the new shop.

“The vendor is also a well-known local on the Sunshine Coast whose initial plans were to redevelop the site in future, however, he reports he is very happy to pass the torch to the new owners and is excited to see what they create here.

“The property itself is a highly-exposed freehold site on a corner block with good frontage to Brisbane Road and Elanora Avenue.

“This particular strip leads directly into the heart of the Mooloolaba Esplanade, and while it’s a sought-after location for new buyers, properties are rarely sold with owners having held these properties for many years.”

*Approximately.