*Retail shop and unit on Gympie Terrace
*Smart 2 bed unit, river views let for $395pw
*Total net income $67,668.00 ($1301pw)
*Islander Resort tropical pools, tennis court,
*Security entry and single carport
*Good rent returns from established restaurant
*Tightly held commercial investment
*Contact Richard Locke for full details
*New lease signed with current restaurant tenants provide substantial return in this prime Riverside position.
This is an amazing return of 6.8% nett for a mixed investment with long term commercial lease.
The apartment has two double bedrooms with built-in robes and serviced by a 2-way bathroom, and enjoys river views from the living area wraparound balcony. A fully equipped kitchen and laundry plus secure parking.

The Islander Resort has a freeform lagoon pool as a central focal point of the resort, plus 2 more pools, 2 tennis courts, sauna, barbecue, gym and conference centre.

Here you have the opportunity to simply enjoy the returns and capital growth from both the unit and the Restaurant. Or, just imagine living in the luxury unit with northerly views of the Noosa River and foreshore parkland from the balcony. Enjoy the Noosa lifestyle and all the facilities of The Islander Resort. This is an investment with lifestyle.
The carefree atmosphere, great restaurants and many other attractions and you are only minutes away from the cosmopolitan Hastings St and the Noosa beaches. Imagine, you are still collecting the rent from the established restaurant and using the unit for weekends or longer.
You can stroll across the street to the Noosa River through picturesque foreshore parkland to enjoy some fishing, boating, cycling, catch a ferry or take a boat trip to the everglades.
The restaurant is currently leased for approx $57,200.00 p.a. plus GST and 60% of the Body corporate fees and council rates. The furnished unit is rented for $395pw providing a total nett income of $67,668.00 ($1301pw)


Now is the time for you to invest in this prime strip, as new developments within this block will be setting new benchmarks for leasing rates.