3/271 Gympie Terrace Noosaville, QLD 4566

David Brinkley and Tracey Ryan from Ray White Commercial Noosa & Sunshine Coast are pleased to present 3/271 Gympie Terrace, Noosaville to the market for sale.

Located in the "buzzy eat street area" of Gympie Terrace, this prominent riverside property is tenanted by Bandita Mexican Cantina, recently featured in the Sydney Morning Herald Good Food Guide. The restaurant, with its vibrant atmosphere, speciality woodfired menu and dynamic cocktail mixes, capitalises on the soaring ceilings, flowing bifold doors and views from this stunning location.

The restaurant has been successfully operating for 4 years. With a new option term and market review recently agreed, the property is an extremely attractive asset, offering a passing rent of $199,000 per annum + outgoings + GST until January 2028, with a further 2 x 3 year options available.

PROPERTY FEATURES

• 182m²* restaurant area + 37m²* exclusive use outdoor area
• Additional exclusive use areas include 20m²* amenities block + car park/storage area
• Restaurant and kitchen areas were fully refurbished in 2022
• Kitchen fitout includes grease trap, hot water service, mechanical exhaust, 3 phase power and cold room
• Leased until January 2028 with 2 x 3 year options up to 2034
• Current rental $199,000 per annum + outgoings + GST

Call or email David Brinkley or Tracey Ryan to inspect the property or for further information.

Our three offices across the Sunshine Coast enable us to deliver expert service in all areas of commercial real estate and business sales - including sales, leasing, property management and business sales.

Offices in NOOSA, MAROOCHYDORE & CALOUNDRA

* Approx.
Note: Property uses are STCA (Subject To Council Approval) and subject to change. We recommend independent town planning advice be sought by buyers and lessees.