FOR SALE
$150,000 + SAV

Contact Agent For Address
Noosa Heads QLD 4567

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Asian Inspired Restaurant Run Under Management - Urgent Sale

Due to a change in circumstances this profitable Noosa restaurant must be sold.
Approximately $500,000 was spent on a new fitout and structural improvements to the tenancy.
The business is fully staffed with the current owners involved in back office duties only.
Selling for less than one times annual profit for a quick sale.
KEY FEATURES
• Annual turnover $1.5M*
• Brand new fitout and equipment
• Lease 5 years x 5 years x 5 years
• Tenancy size: 240m²*
• Seating for up to 115 people
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Property Details for Contact Agent For Address, Noosa Heads

Building Type
Commercial

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About Noosa Heads 4567

The size of Noosa Heads is approximately 13 square kilometres. It has 18 parks covering nearly 75.8% of total area. The population of Noosa Heads in 2011 was 3,998 people. By 2016 the population was 4,469 showing a population growth of 11.8% in the area during that time. The predominant age group in Noosa Heads is 60-69 years. Households in Noosa Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noosa Heads work in a professional occupation. In 2011, 62.7% of the homes in Noosa Heads were owner-occupied compared with 67.3% in 2016.

Noosa Heads has 5,729 properties. Over the last 5 years, Houses in Noosa Heads have seen a 69.90% increase in median value, while Units have seen a 121.42% increase. As at 30 September 2024:

  • The median value for Houses in Noosa Heads is $2,003,067 while the median value for Units is $1,663,246.
  • Houses have a median rent of $1,300 while Units have a median rent of $750.
There are currently 114 properties listed for sale, and 13 properties listed for rent in Noosa heads on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Noosa heads.

Suburb Insights for Noosa Heads 4567

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Contact agent
John Petralia
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RWC Noosa & Sunshine Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.