101-103 Memorial Drive Eumundi QLD 4562

Colliers are pleased to present a rare opportunity to secure a prominent multi tenanted investment property in the heart of Eumundi. Located 100m* away from the famous Eumundi markets.
This freehold property dates back to 1909 and presents a complimentary mix of long standing tenants which provide a weighted average lease expiry (WALE) of 3.75 years and a net income of $112,235.14 per annum.

The large 1,059m²* lot carries improvements that present an NLA of 470m²* with the leading façade of the Old Bakery holding a prominent position within the town.

Key Features:
• Land Area 1,059m²*
• Building area 470m²*
• Five tenancies
• WALE of 3.75 years
• Three tenancies are on 5 year leases + 2 x 5 year options
• Local Centre Zone
• 100m* from the famous Eumundi Markets
• Inward investment into Eumundi anticipated via two significant retail developments
• Ample parking spaces at the dedicated car park to the side of the property
• Noosa and beaches only 25* minute drive
• Bruce Highway 2.5km* away

101-103 Memorial Drive, Eumundi is being offered for sale by Offers to Purchase over $1,800,000 Closing on Tuesday 5th December at 4pm 2023

For further information or to arrange an inspection, please contact exclusive marketing agent Johnny Gooderham or Jesse Howitt.

*Approx. *