Noosaville Retail Showroom Investment

SOLD

Shop 2/1 Gibson Road

Noosaville QLD 4566

Retail

FOR SALE

229m2

David Brinkley and Paul Butler from Ray White Commercial are pleased to present Shop 2, 1 Gibson Road to market for sale by Auction.

This strata retail showroom investment will be sold with secured lease to Music At Noosa in place

• New 5 + 5 + 5 year lease in place - commenced 2022
• Business was established over 20 years ago and is the only music shop in the area with their nearest competitor being over 40km away
• Current rental return $80,600 per annum + outgoings + GST (CPI Rental increase on 1 April 2023)
• CPI annual increases with market reviews in 2027 and 2032
• Premises have recently undergone full refurbishment. Currently fitted out with fully air-conditioned showroom plus five teaching rooms and bathroom facilities
• Off-street customer parking at front with allocated tenant parking at rear
• High clearance ceilings throughout with roller door delivery access at rear of building
• Small strata complex of only four units. Tenants include: Ceramica Senio, Andersens Flooring, Hanks Optometrist and Style My Home
• Harvey Norman, Dan Murphy's, Noosa Village Shopping Centre with anchor tenants Woolworths and BWS within short stroll
• Iconic location delivering maximum exposure for tenants onto the main through road Gibson Road which links Noosa Heads to Noosaville and Tewantin

Auction onsite at 11am Friday 17 February 2023. Register your interest today.

Call or email David Brinkley or Paul Butler to inspect the property or for further information.

Our team is strategically located in offices in Noosa, Maroochydore and Caloundra to handle your commercial, industrial and retail property needs across the Sunshine Coast.

Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com

* Approx.