David Brinkley and Paul Butler from Ray White Commercial Noosa & Sunshine Coast are pleased to present 3/229-231 Gympie Terrace, Noosaville to the market for sale.
• Secured lease with Baxter's Bar & Deli until October 2025 plus further two x 3 year options
• Current Net income $76,614 per annum* + outgoings + GST (Further CPI rent increase in October 2023)
• 3 month rental security bond plus personal/director guarantees
• Prominent central position in the highly sought after Gympie Terrace retail/dining/residential precinct
• Favourable northerly aspect with stunning views out across the Noosa Riverfront from the alfresco dining terrace
• 78m²* total usable area comprising of 58m²* internal restaurant/dining plus council approval for 20m²* use of undercover terrace area
• Existing fitout included (oz-zone exhaust canopy, stove, combi oven, dishwasher, under bench fridges, kitchen benches)
• Liquor licence
• Grease trap and gas supply access
• Long standing neighbouring tenants include "Raw Energy" cafe and "Zilba Lifestyle Footwear"
Call or email David Brinkley or Paul Butler to inspect the property or for further information.
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