QUEENSLAND was set to welcome the state’s very first Deus Ex Machina store as a five plus five-year lease was signed at 15 Noosa Drive in Noosa Heads.
The property, that offered a brand-new 129sq m* building, had an amazing position on an unrivalled site on the intersection of Noosa Drive and Noosa Parade.
The asset was marketed and leased by Ray White Commercial Noosa and Sunshine Coast North Directors Paul Butler and Paul Forrest.
Mr Butler said the property was a newly-built stone and timber building at the gateway to Noosa’s famous Hastings Street.
“New tenants Nick and Candice Hirons, formerly of Melbourne restaurant Hungry Bear and fashion store G-Star RAW, are opening Queensland’s first Deus Ex Machina store,” he said.
“The new building replaced the original Noosa Post Office property that was beyond the point of refurbishment.
“The new-build is a simple statement piece that recognises its position at the entry to this extremely popular destination.
“Every car going to Hastings Street has to go past this site and the lease deal will produce $170,000 p.a. plus outgoings plus GST.”
*Approximately.
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.
A boutique industrial development at 86 Quanda Road, Coolum Beach has officially sold out off the plan, with all six units purchased prior to completion and titles, achieving a combined sales result of $10,317,750.