A tightly held commercial investment in the heart of Noosa Heads has been launched to the market, underpinned by a long-term lease to one of Australia’s fastest-growing wellness operators.
David Brinkley and Paul Butler of RWC Noosa & Sunshine Coast are pleased to present 97 Noosa Drive, Noosa Heads, a premium freehold commercial asset positioned on one of the region’s busiest arterial roads and at the gateway to the Noosa Heads CBD.
Occupying a prominent 940sqm* site, the property offers exceptional exposure along Noosa Drive, benefitting from consistent traffic flow and proximity to major lifestyle and tourism infrastructure, including the nearby Calile Hotel Noosa development.
The property is leased to TH7 Body Labs, a rapidly expanding wellness and recovery brand that has gone from strength to strength through strategic expansions and increasing consumer demand for health-focused services. In 2023, TH7 Body Labs secured the property on a 10-year lease with a further 5-year option, reflecting strong confidence in both the location and the Noosa market.
“Demand for wellness, recovery and preventative health services has never been stronger, and tenants like TH7 Body Labs are leading that charge,” said David Brinkley, consultant at RWC Noosa & Sunshine Coast.
“Their decision to commit to a long-term lease at this location speaks volumes about the strength of their business model and the demographic profile of Noosa.”
The building has been comprehensively transformed into a state-of-the-art recovery and wellness centre. The fitout includes premium treatment spaces, an outdoor breakout zone, basement parking for up to 19 vehicles, and additional storage areas, a clear demonstration of the tenant’s long-term commitment.
“TH7 have invested significantly into this site, creating a flagship wellness destination that aligns perfectly with Noosa’s lifestyle-driven market,” said Paul Butler, director at RWC Noosa & Sunshine Coast. “This calibre of tenant, combined with a brand that continues to expand nationally, makes this a very compelling investment proposition.”
The asset delivers a strong net income of $294,586 per annum, with 100 per cent of outgoings, including land tax, recoverable from the tenant, providing investors with secure, low-maintenance returns.
Located in Noosa Junction, the property is just a short walk over Noosa Hill to Hastings Street and Noosa Main Beach. The precinct is home to more than 200 specialty retailers, wellness operators, cafés, bars and boutiques, supported by essential services including supermarkets, banks, chemists and a post office.
With the broader Sunshine Coast economy continuing to expand, Noosa remains highly sought after due to its carefully managed approach to development. This balance of growth and preservation continues to drive demand from investors seeking long-term value, lifestyle appeal and resilience.
“Assets like 97 Noosa Drive tick all the fundamentals investors are chasing – a prime location, a secure and growing tenant, and rising income in one of Australia’s most tightly held coastal markets,” Brinkley said.
Paul Butler advised prior to life as TH7 the building had been occupied by a local accounting group for approximately 12 years and prior that it was Centrelink, which the building was originally built for. “It is a substantial concrete and concrete block building that was well designed and has stood the test of time,” he said.
Contact David Brinkley or Paul Butler for further details:
David Brinkley – 0448 594 361
Paul Butler – 0418 780 333
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