Lot 20/187 Gympie Terrace Noosaville QLD 4566

Enjoying views across Noosa's picturesque riverfront, this north facing property includes both a retail shop and a two bedroom one bathroom villa directly above.

A secured income stream is provided from the ground floor shop which is leased to long term fashion/design homewares retailers Coco & Bliss. Sitting directly above is the residential villa, spread over two levels, with the current tenants on a week to week basis allowing a buyer the flexibility to either owner occupy or rent it on a longer term at current market rates.

Lot 20 is part of the iconic Islander Noosa Resort, a mixture of holiday and permanent rentals with some of the best facilities available to tenants including multiple swimming pools, spas, tennis courts, gym and bbq areas.

+ 46m²* retail tenancy on ground floor plus outdoor exclusive use area
+ Secured lease until May 2023 with further 2 + 2 year options to follow
+ Residential villa with views of Noosa River located directly above (on two levels) includes 2 bedrooms and 1 bathroom
+ Current combined annualised income of $54,834.04 net per annum
+ Underlying land lot size is 74m²*
+ North-facing aspect fronting onto Gympie Terrace with views across landscaped parks and Noosa River right up towards Noosa Spit
+ Restaurants, bars, cafes, retail shops and more all within walking distance - no need to take the car!
+ Conveniently located within walking distance to Noosa Village Shopping Centre, Woolworths, Dan Murphys and Noosa Homemaker Centre
+ Islander Resort facilities include 3 swimming pools, 2 tennis courts, 3 spas, 2 saunas, gym, games room, BBQ areas, guest clubhouse, undercover parking, secure swipe card entry to complex

SOLD UNDER THE HAMMER Friday 24 September 2021

Call or email David Brinkley or Tracey Ryan 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.

* Approx.