David Brinkley from RWC Noosa & Sunshine Coast is pleased to present Shop 4, 28-34 Duke Street, Sunshine Beach to the market for sale.
Here is your opportunity to secure a retail shop investment in tightly held Sunshine Beach village, only seven minutes* drive from world renowned Hastings Street, Noosa Heads.
The centre street position is arguably one of the best, providing its long standing tenants (Sunnies Bottleshop - since 2001) with fantastic exposure to the many locals and tourists who frequent the exclusive Sunshine Beach shopping and dining precinct.
Surrounding Duke Street are some of the most prestigious homes in Australia with a QLD record sale price of $28 million achieved for one of the beachfront residences in 2023. Forthcoming commercial developments on Duke street are likely to further increase the importance of the Sunshine Beach retail precinct, resulting in larger foot traffic, rental growth and higher valuations.
Shop 4/28-34 Duke Street is one of only eleven strata titled commercial/retail tenancies within this short 250m* precinct.
PROPERTY FEATURES
• 64m²* ground floor retail shop
• Secured long standing lease since 2001 to Sunnies Bottleshop (one of three boutique bottleshops held by the Peregian Beach Hotel)
• Current lease term expiry is August 2026 with no further options currently agreed to
• Current rental income $63,223 per annum + GST + all recoverable outgoings (including property management fee but excluding body corporate sinking fund)
• One allocated car park
Call or email David Brinkley to inspect the property or for further information.
Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.
Offices in NOOSA, MAROOCHYDORE & CALOUNDRA
* Approx.