Lot 1/187 Gympie Terrace, Noosaville, QLD 4566

Retail

Sold Contact Agent

  • Property ID: 409297
  • Floor Area: 134m²
  • Land Area: 70m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 134m2 70m2 Contact Agent
Noosaville Retail plus Residential Unit in Iconic Resort

This opportunity will appeal to owner occupiers and investors. There are very few opportunities in the Noosa/Noosaville area which provide residential and commercial income streams from a single investment!

Lot 1, 187 Gympie Terrace (which faces onto Thomas street) is part of the iconic Islander Noosa Resort which fronts onto waterfront Gympie Terrace and Thomas Street's dining precinct. The resort comprises holiday and permanent residential rentals and has some of the best facilities in the area, including multiple swimming pools, spas, tennis courts, gym, games and BBQ areas, all set within lush tropical landscaping. At street level (Thomas Street and Gympie Terrace), beneath the residential units, is an array of boutique retailers, cafes/restaurants, takeaway food shops and beauty salons.

Ray White Commercial Noosa will be auctioning Lot 1 which comprises:

RETAIL SHOP
• 47m²* retail shop at street level plus an outdoor exclusive use area
• Access to grease trap - has previously been operated as a takeaway business (existing exhaust flue still in situ if the tenant wanted to use)
• The shop is currently tenanted until September 2022. A successful purchaser can decide whether they wish to occupy, or seek a new tenant to lease the shop

RESIDENTIAL UNIT
• 87m²* residential unit located directly above the retail shop
• 2 bedrooms and 1 bathroom over two levels
• Open plan living with balcony overlooking Thomas street
• Residential unit lease has now reverted to a month to month arrangement, providing purchaser flexibility
• Currently rented out at $460 per week

• 1 x allocated carport at the rear
• Underlying land lot size is 70m²*
• East-facing aspect onto the busy Thomas Street retail and dining precinct
• 1 minute stroll to the popular Noosa River front, 10 minutes drive from Hastings Street and Noosa National Park
• Conveniently located within walking distance to Noosa Village Shopping Centre, Woolworths, Dan Murphys and Noosa Homemaker Centre
• Islander Resort facilities include 3 swimming pools, 2 tennis courts, 3 spas, 2 saunas, gym, games room, BBQ areas, guest clubhouse, undercover parking, secure swipe card entry to complex

OPEN FOR INSPECTION TIMES:

Tuesdays 11:00am - 11:45am
Friday 22 April 10:30am - 11:00am prior to auction

AUCTION ONSITE at 11:00am Friday 22 April 2022

Call or email David Brinkley or Paul Butler with any questions or to arrange an inspection.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.

* Approx.

Noosaville Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8872 $726 8.18%
Offices $5100 $496 9.73%
Industrial $3219 $249 7.74%
This is the average advertised price, rent and yield for Noosaville, QLD 4566*

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.
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  Ray White Commercial Noosa & Sunshine Coast North

 

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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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