7 of Noosa's most coveted commercial properties currently for sale
Waterfront views, holiday crowds and some of Australia’s most tightly held commercial properties are proving an irresistible combination, with a string of high-profile Noosa assets now up for grabs.
Spanning riverfront hospitality venues, coveted Hastings Street retail, landmark Noosa Junction investments and even a sprawling riverfront estate neighbouring Sir Richard Branson’s Makepeace Island, the listings underline why Noosa remains one of the nation’s most sought-after commercial markets.
The latest campaigns come amid a rare reshuffle of Noosa’s tightly held commercial market, following major transactions over the past year, including the $35.2 million sale of Noosa Junction Plaza, the $15.3 million sale of the Sails Restaurant freehold, and G’Day Group’s circa-$50 million acquisition of Habitat Noosa Everglades EcoCamp.
Together, they offer a rare opportunity to buy into a destination where blue-chip commercial holdings seldom change hands.
The cinema giant
29 Sunshine Beach Road
Occupying a 2475-square-metre site comprising 12 lots in the heart of Noosa Junction, the fully leased Noosa Cinema Centre delivers an estimated $1.69 million in annual net income.
Anchored by Event Cinemas, the landmark holding combines secure income with future redevelopment potential.
Colliers Sunshine Coast say it is “one of the largest commercial opportunities currently on the market in Noosa”.
The Hastings Street icon
1/75 Hastings Street
After nearly 17 years in the same ownership, this Hastings Street investment returns an estimated net income of $215,684 a year from a tenanted 55-square-metre shop on the ground floor of the refurbished Netanya Noosa Beachfront Resort complex.
Leased to long-standing fashion retailer Bellisima for another three years, with a further three-year option, Colliers Sunshine Coast say the property “presents a rare opportunity to secure a trophy retail asset on one of Australia’s most renowned retail strips”.
The beachside retail gem
9/49 Hastings Street
Just steps from Main Beach, this 98-square-metre Hastings Street retail asset once home to Hastings Street Supermarket & Convenience Store has long been the ultimate beachgoers’ spot for icy poles and drinks.
Now offered vacant, it sits inside the newly refurbished On The Beach resort, benefiting from upgraded ground-floor areas and external improvements.
“Just metres from the sand, the shop is set along a popular beach walkway from Hastings Street to Main Beach and enjoys strong foot traffic levels all year round from tourists and locals,” says Forde Property.
The big redevelopment play
8-10-12 Lanyana Way
Only minutes from Hastings Street, three free-standing freeholds spanning a total of 1636 square metres make this one of the largest commercial opportunities on the market in Noosa.
With holding income, major-centre zoning and redevelopment potential, the landmark site offers multiple pathways for investors and developers.
Available in one line or individually, “opportunities of this scale in Noosa Junction are exceptionally rare”, says RWC Noosa and Sunshine Coast.
The waterfront opportunity
1/239-245 Gympie Terrace
Overlooking the Noosa River, this 106-square-metre waterfront commercial space with exclusive outdoor dining is offered for sale or lease in Noosaville’s bustling dining precinct.
Offering a versatile vacant space with two car parks, the opportunity is “suited to owner-occupiers, investors or hospitality and retail operators seeking a blue-chip Noosa address”, says Colliers Sunshine Coast.
The restaurant with a view
3/271 Gympie Terrace
Home to popular restaurant Bandita Mexican Cantina, this tenanted 239-square-metre riverside favourite takes in spectacular Noosa River sunsets from one of Gympie Terrace’s best dining positions.
Recently refurbished, it has soaring ceilings and open-air vibes from full-width bifold doors.
“With a new option term and market review recently agreed, the property is an extremely attractive asset,” says RWC Noosa and Sunshine Coast.
The Branson neighbour
20/74 Noosa River Drive
Covering 24.69 hectares next to Branson’s Makepeace Island, this extraordinary riverfront Noosa North Shore property is unlike anything else on the market.
Complete with a contemporary home and enormous tourism potential, it’s just a five-minute boat ride from Hastings Street.
“You’ll soon be rubbing shoulders with none other than Richard Branson, your esteemed new neighbour,” says Villa Prestige Properties.
