Retail

Property ID: 400291

 

Tenanted Investment Within Quality Retail Development

Shop 9/11-19 Hilton Terrace, Tewantin, QLD 4565

Tenanted investment within quality retail development, "Hilton Shops". Situated on the main road linking Noosaville into the Tewantin CBD and offering exceptional street exposure and easy parking for clients and customers, this opportunity is not one to be missed.

The complex is comprised of 12 tenancies suited for retail, restaurant, take away and medical/allied health tenants. Eight of these tenancies are already leased.

+ 69 m²* tenancy plus 10 m²* outdoor use area
+ Leased to "The Groomery" pet grooming business
+ New 5 + 5 year lease commenced June 2021
+ Year 1 - $30,000 per annum + outgoings + GST
+ Year 2 - $35,000 per annum + outgoings + GST
+ Year 3 - $38,000 per annum + outgoings + GST

+ Sale Price: $755,000 + GST (if applicable)

Other tenants in the development include: Noosaville Fish Market takeaway restaurant, Tewantin Vets, Fringe hair/beauty salon, Bean Theory coffee shop, Lakeside laundromat. Roast and Gravy Co. is now open in Shop 1 as well!

Call or email David Brinkley to inspect the property or find out about other suitable options.

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.


Sold

$755,000

David Brinkley