Prominent Multi-Tenanted Investment Property in the Heart of Eumundi
101-103 Memorial Drive, Eumundi QLD 4562
At a Sale Price of $1,800,000
RetailSize: n/a
Block size: 1058 m² approx.
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 $113,414.08* 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 at a sale price of $1,800,000
For further information or to arrange an inspection, please contact exclusive marketing agent Johnny Gooderham or Jesse Howitt.
*Approx. *
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 $113,414.08* 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 at a sale price of $1,800,000
For further information or to arrange an inspection, please contact exclusive marketing agent Johnny Gooderham or Jesse Howitt.
*Approx. *
Inspections
No open inspections scheduled.
Send an enquiry
Contact Johnny Gooderham to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
1058 m²*
Other Details
Lot:
1
Plan Type:
SP
Plan:
103951
Legal description:
1/SP103951
Maps and area information
Block information
Block size: 1058m² (approx)
Legal description: 1/SP103951
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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Eumundi suburb information
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SummaryMedian sales
Average Age
47 years
Population
2,504
Listing ID: 182066000. This listing has been viewed 6 times. It was first displayed on 07/11/2023 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.