SOLD
Sold on 24 Oct 2023 for $1,355,000

9/20 Lanyana Way
Noosa Heads QLD 4567

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 93m2
Land area: 135m2
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Property Details for 9/20 Lanyana Way, Noosa Heads

Building Type
Commercial
Year Built
1995
Floor Size
93m2
Land Size
135m2
Local Government
Noosa
Lot/Plan
9/GTP627

Last Listing description (October 2023)

Luxe Commercial is proud to exclusively present to the market for sale via Expressions of Interest an outstanding medical investment located at 9 / 20 Lanyana Way, Noosa Heads.

Located in Noosa Junction, within a 5 minute drive to the world famous Hastings Street, the asset is located within one of the most affluent and sought after locations in Australia.

The tenant has occupied the tenancy for over 15 years and is part of the Abano Healthcare Group, listed on the New Zealand stock exchange, and is the largest dental organisation in Australia and New Zealand.

Features include:
+ Leased to Maven Dental Group - part of Abano Healthcare ABA (NZSX).
+ Securely Leased until 30 June 2025 with options to 2029.
+ Attractive Lease terms with fixed annual rental reviews.

Net Income: $76,956.43 per annum (exclusive of outgoings & GST)

Expressions of Interest closing at 4pm AEDT on Thursday 2 November 2023.

For further information or to access the detailed due diligence data room, please contact the exclusive marketing agents noted on the details below.

Property History for 9/20 Lanyana Way, Noosa Heads, QLD 4567

A timeline of how this property has performed in the market
Last Sold
$1,355,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $1,355,000
  • 12 Oct 2023
    Listed for Sale For Sale via Expressions of Interest
  • 14 May 2015
    Sold for $875,000
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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 5,751 properties. Over the last 5 years, Houses in Noosa Heads have seen a 75.22% increase in median value, while Units have seen a 132.43% increase. As at 31 July 2024:

  • The median value for Houses in Noosa Heads is $2,003,838 while the median value for Units is $1,738,282.
  • Houses have a median rent of $1,100 while Units have a median rent of $660.
There are currently 95 properties listed for sale, and 17 properties listed for rent in Noosa heads on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Noosa heads.

Suburb Insights for Noosa Heads 4567

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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.