Retail Investment In Busy Location

SOLD

Shop 12/11-19 Hilton Terrace

Tewantin QLD 4565

Retail

FOR SALE

76m2

Rare opportunity to secure a fully leased investment to a long term tenant, located on one of Noosa's busiest roads. This near new development is one of the most convenient retail locations in the Noosa area.

+ 10 + 3 + 3 year lease from July 2019

+ Long term tenant who has successfully traded in a nearby location for many years - Noosaville Fish Market

+ Net annual rental $58,900 (approx) with 3% annual increases

+ 76sq m internal area + 38sq m exclusive use outdoor dining area (sizes approx)

The property is located in a near new development, completed in July 2019 on Hilton Terrace, Tewantin which benefits from over 20,000(approx) passing vehicles daily. It is one of the only developments in the area to benefit from on grade, convenient parking at the front of the complex and commands a strong position on this busy road. Roundabout works are currently in progress by Council to further increase the ease of access to the complex.

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