Lot 3/1 Hastings Street, Noosa Heads, QLD 4567

Retail

Sold $965,000

  • Property ID: 389067
  • Floor Area: 23m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 23m2 N/A N/A
Hastings Street-Front Boutique Investment

+ Long-term tenant "Mensroom Clothing & Accessories" occupies two adjoining shops and has been trading in this location since 2012. NOTE: Only Shop 3, as outlined in the images, is available for sale

+ Boutique shop with high level of exposure fronting Hastings Street

+ Surrounding tenants include Okanui clothing store, Lamington gift shop, Nissarana Galleries, Miss Moneypenny's restaurant/cocktail bar

+ Current rental income is $42,616 + outgoings + GST

+ Tenant has taken up their 3 year option which begins on 1/2/2022

+ Additional 3 year option available to tenant

+ Annual rent increases of 2% in 2023, 2024

+ 23m²* retail shop

Noosa Heads Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $689 ---
Offices --- $800 ---
This is the average advertised price, rent and yield for Noosa Heads, QLD 4567*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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