Lots 13, 14, 15 & 16, 29 Sunshine Beach Road Noosa Heads QLD 4567

Shop & Retail
2,500 m²
Sold

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.

For further information or to arrange an inspection, please contact exclusive marketing agents Nick Dowling, Jesse Howitt or Reff Sykes.

* Approx.