Sold
Lots 13, 14, 15 & 16, 29 Sunshine Beach Road, Noosa Heads, QLD, 4567
Lots 13, 14, 15 & 16, 29 Sunshine Beach Road, Noosa Heads, QLD, 4567
Properties / Sold / Queensland / Noosa Heads
Tenanted Investment
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1. Property Summary
Selling Method
Expression of Interest
Selling Details
Closing Thursday 22 June at 4pm
Floor Area
2500 m² (*approx)
Est. Income
$1,100,000 p/a
Fully Leased
Birch Carroll & Coyle and Lift Gym
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2. Property Highlights
Noosa Cinema Complex and Ancillary Retail with a WALE of 7.9 years
- Estimated Net Income of $1,100,000 p.a.*
- Leased to Birch Carroll & Coyle to 2031
- WALE of 7.91 years
Colliers is pleased to offer Lots 13, 14, 15 & 16, 29 Sunshine Beach Road, Noosa Heads for sale.
Known as the Noosa Cinema Centre, the offering is underpinned by a lease guaranteed by Birch Carroll & Coyle Limited until June 2031, with additional income from a fitness centre on a new 5 year lease until 2027.
- Current net income of approximately $1.1 million*
- Combined NLA of over 2,500sqm*
- Net Lease terms with excellent annual reviews
- 63% of interest entitlements in the Community Title Scheme
- Located in the heart of Noosa Heads in the bustling Noosa Junction precinct only a short distance from Hastings Street and Sunshine Beach
- Strong demographic catchment with over 2 million tourists per annum
- Benefits from immediate access to a 280 vehicle public car park
- Potential for longer term redevelopment of the site
For Sale by Expressions of Interest closing Thursday 22 June 2023 at 4pm (AEST)
For further information or to arrange an inspection, please contact exclusive marketing agents Nick Dowling, Jesse Howitt or Reff Sykes.
* Approx.
Remember to mention you found this property on CommercialReady
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Tenanted Investment
Tenanted Investment
1. Property Summary
Est. Income
$1,100,000 p/a
Tenant
Birch Carroll & Coyle and Lift Gym
Floor Area
2500 m² (*approx)
Selling Method
Expression of Interest
Selling Details
Closing Thursday 22 June at 4pm
2. Property Highlights
Noosa Cinema Complex and Ancillary Retail with a WALE of 7.9 years
- Estimated Net Income of $1,100,000 p.a.*
- Leased to Birch Carroll & Coyle to 2031
- WALE of 7.91 years
Colliers is pleased to offer Lots 13, 14, 15 & 16, 29 Sunshine Beach Road, Noosa Heads for sale.
Known as the Noosa Cinema Centre, the offering is underpinned by a lease guaranteed by Birch Carroll & Coyle Limited until June 2031, with additional income from a fitness centre on a new 5 year lease until 2027.
- Current net income of approximately $1.1 million*
- Combined NLA of over 2,500sqm*
- Net Lease terms with excellent annual reviews
- 63% of interest entitlements in the Community Title Scheme
- Located in the heart of Noosa Heads in the bustling Noosa Junction precinct only a short distance from Hastings Street and Sunshine Beach
- Strong demographic catchment with over 2 million tourists per annum
- Benefits from immediate access to a 280 vehicle public car park
- Potential for longer term redevelopment of the site
For Sale by Expressions of Interest closing Thursday 22 June 2023 at 4pm (AEST)
For further information or to arrange an inspection, please contact exclusive marketing agents Nick Dowling, Jesse Howitt or Reff Sykes.
* Approx.
Remember to mention you found this property on CommercialReady
Read More
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