Freehold Restaurant + Residential For Investors / Developers

$2,150,000 + GST (if applicable)

27 Mary Street

Noosaville QLD 4566

Retail

FOR SALE

456m2

+ 1,032sq m (approx) freehold

+ Freestanding building with northerly facing aspect

+ Rare dual income opportunity from restaurant and separate residence above

+ Suited for investors and developers looking for future redevelopment options with holding income in place

+ Ground floor restaurant approx 240sq m (approx) internal area plus storage

+ Secured lease to China Jade Chinese Restaurant on ground floor until August 2023 plus further 5 year option

+ Large off street parking area for 9 customer cars. Additional covered car park spaces for up to 3 staff/residential tenant

+ First floor residential home directly above the restaurant approx 156sq m (approx) plus balconies

+ Residence includes four generous sized bedrooms, one bathroom plus ensuite, laundry, large open plan living area and dining room. Balconies at front and rear of the house

+ Noosa Village Shopping Centre, Dan Murphy's located next door, popular Noosa River with restaurants, bars and plenty of retail shopping all within five minutes walk

+ Current rental paid by ground floor restaurant: $83,625.45(approx) per annum + GST

+ Additional income stream potential from upstairs residential home estimated $600 per week

+ Strategic site for further redevelopment options

+ Opposite new upmarket "Bounce Backpackers" due for completion early 2021

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.