A high-profile retail property at 301 Weyba Road, Noosaville has been sold for $2.15 million, with strong buyer interest driven by its strategic location and future redevelopment potential. The property is tenanted by popular restaurant Mr Jones and Me.
Marketed by David Brinkley and Paul Butler of RWC Noosa & Sunshine Coast, the property attracted widespread attention from both local and national investors throughout the campaign.
“This was a highly sought-after asset due to its position and the potential for mixed-use redevelopment,” said Mr Brinkley.
“We saw strong enquiry levels from both investors and potential owner-occupiers, particularly those in the hospitality and food & beverage sectors.”
The team ran a comprehensive national digital marketing campaign targeting retail investors, complemented by local print advertising and a targeted direct mail effort.
“We had a strong response from our e-brochures and database outreach,” Mr Butler said.
“What stood out in the feedback was that many buyers were looking for opportunities to add value; whether by occupying the property themselves or pursuing a redevelopment play.”
The purchaser is a local investor who plans to hold the property with a long-term vision for future redevelopment. The sellers were Queensland-based investors.
This transaction highlights continued appetite for well-located assets with flexible zoning, particularly those offering a blend of short-term income and medium-term upside potential.
“Noosaville remains a tightly held market, and this sale reflects growing confidence in properties that offer future adaptability, especially in lifestyle destinations like the Sunshine Coast,” said Mr Brinkley.
For further information get in touch with David Brinkley 0448 594 361 or Paul Butler 0418 780 333.
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