Hastings Street-Front Boutique Investment
Lot 3/1 Hastings Street, Noosa Heads, QLD 4567
+ 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
David Brinkley
Paul Butler