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Lot 3/1 Hastings Street,
Noosa Heads 4567, Queensland

23m² building size
Retail

$950,000

Property details

Hastings Street-Front Boutique Investment

+ 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

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