Marketed by David Brinkley and Paul Butler of RWC Noosa & Sunshine Coast, the property attracted widespread attention from both local and national investors throughout the campaign.
“This was a highly sought-after asset due to its position and the potential for mixed-use redevelopment,” said Mr Brinkley.
“We saw strong enquiry levels from both investors and potential owner-occupiers, particularly those in the hospitality and food & beverage sectors.”
The team ran a comprehensive national digital marketing campaign targeting retail investors, complemented by local print advertising and a targeted direct mail effort.
“We had a strong response from our e-brochures and database outreach,” Mr Butler said.
“What stood out in the feedback was that many buyers were looking for opportunities to add value; whether by occupying the property themselves or pursuing a redevelopment play.”
The purchaser is a local investor who plans to hold the property with a long-term vision for future redevelopment. The sellers were Queensland-based investors.
This transaction highlights continued appetite for well-located assets with flexible zoning, particularly those offering a blend of short-term income and medium-term upside potential.
“Noosaville remains a tightly held market, and this sale reflects growing confidence in properties that offer future adaptability, especially in lifestyle destinations like the Sunshine Coast,” said Mr Brinkley.
