Sold
Shop 13/18 Hastings Street,
Noosa Heads 4567, Queensland
$1,180,000
Property details
-
Agents
5.3% Net Return - Hastings Street Retail Investment
Tracey Ryan and David Brinkley from Ray White Commercial are pleased to present 13/18 Hastings Street to market for sale.
The owner has committed funds to another project and seeks an immediate sale.
• 53m²* in Noosa Heads' premier street
• 3 x 3 year secured lease. Commenced April 2021 with further options until 2027
• Tenancy has been successfully leased to clothing store operators for over 10 years
• Current net rental return: $64,169* per annum + outgoings + GST
• Annual increases of 3%
• 3 month security bond in place plus personal guarantees
• Floor to ceiling glass window displays spanning width of shop
• Located within Bay Village in the centre of Hastings Street. Bay Village comprises boutique retail shops, food court, games/entertainment parlour, restaurants and licensed bars
• Large multi level car park directly behind complex provides customers and staff easy access
Call or email Tracey Ryan or David Brinkley to inspect the property or for further information.
Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com
* Approx.
The owner has committed funds to another project and seeks an immediate sale.
• 53m²* in Noosa Heads' premier street
• 3 x 3 year secured lease. Commenced April 2021 with further options until 2027
• Tenancy has been successfully leased to clothing store operators for over 10 years
• Current net rental return: $64,169* per annum + outgoings + GST
• Annual increases of 3%
• 3 month security bond in place plus personal guarantees
• Floor to ceiling glass window displays spanning width of shop
• Located within Bay Village in the centre of Hastings Street. Bay Village comprises boutique retail shops, food court, games/entertainment parlour, restaurants and licensed bars
• Large multi level car park directly behind complex provides customers and staff easy access
Call or email Tracey Ryan or David Brinkley to inspect the property or for further information.
Noosa & Maroochydore offices: 5474 7600 | noosacommercial.qld@raywhite.com
Caloundra office: 5491 4600 | caloundracommercial.qld@raywhite.com
* Approx.
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Contact David Brinkley
Contact David Brinkley
David Brinkley
Shop 13/18 Hastings Street, Noosa Heads QLD 4567
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David Brinkley
Shop 13/18 Hastings Street, Noosa Heads QLD 4567