Sold
Excellent return on investment in coastal location
Shop 14-15, 1 Rainbow Beach Road
Rainbow Beach QLD 4581
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Excellent return on investment in coastal location

National tenant in place, current lease expires February 2025. Tenant paying $3,402 incl GST per month

113m2 over two shops, one utilised for retail and one currently set up with postal boxes. There is also car parking/storage under the building on the Lot Titles.

 

The property is situated in the popular coastal village of Rainbow Beach. Only 2.5 hrs north of Brisbane, the gateway to Fraser Island with a permanent population of approximately 1,200. Both shops are within a strata titled precinct just off the main street of town. Thriving and successful businesses nearby include a Restaurant, gift store and Hotel. The licenced Australia Post Office tenancy has a modern fit out in the retail area, offers banking services (no bank in Rainbow Beach) and has loyal customers.

Rainbow Beach is growing community and there is no postal delivery or bank, so all residents do banking, pick up mail and parcels here. The town boasts a primary school, doctor, pharmacy, police station, public swimming pool, IGA and grocery store as well as plenty of Restaurants and cafes and thousands of visitors per annum.

2 113 m2
Address Shop 14-15, 1 Rainbow Beach Road, Rainbow Beach
Price SOLD for $355,000
Property Type Commercial
Property ID 1303
Category Retail, Other
Land Area 113 m2

Agent Details

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Dee White

0411 093 389
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