Sold
Retail

Lot 2/7-9 Gibson Road Noosaville, QLD 4566

Sold for $1,710,000 on 29 Sep 2021
  • Building: 395m²
  • Land: 8,913m²
Agents

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Retail in Noosaville

Secure 10 year Lease to Globally Recognised Franchise? Showing 6% Net Yield

  • Building: 395m²
  • Land: 8,913m²

+ 395m²* first floor strata titled tenancy divided into two large tenancies plus three small treatment rooms

+ 10 year lease plus 10 year option secured with "Club Pilates" franchise - 850 franchises globally offering high-quality training and state of the art equipment for members

+ Additional income from Sunshine Coast Martial Arts Karate school and three small treatment rooms

+ Combined income from above-mentioned tenants $113,506.50* per annum net

+ Located on first floor of Harvey Norman Centre

+ Strata complex comprises of only 4 tenancies

+ Central location draws customers from surrounding residential and business areas

+ Large off-street customer car park area for up to 82 cars

+ Excellent street front exposure

Call or email David Brinkley or Tracey Ryan to inspect the property or find out about other suitable options.

* Approx.

Building:

395m²

Land:

8,913m² / 2.2 acres

Tenancy:

Tenanted

Categories:

Retail, Offices

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

Lot 2/7-9 Gibson Road, Noosaville, QLD 4566