SOLD
Sold on 12 Jul 2024 for $1,280,000

4/28-34 Duke Street
Sunshine Beach QLD 4567

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 110m2
Land area: 64m2
Sold By
Ray White Commercial Noosa
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Property Details for 4/28-34 Duke St, Sunshine Beach

Building Type
Commercial
Year Built
1999
Floor Size
110m2
Land Size
64m2
Local Government
Noosa
Lot/Plan
4/SP120994

Last Listing description (September 2024)

David Brinkley from RWC Noosa & Sunshine Coast is pleased to present Shop 4, 28-34 Duke Street, Sunshine Beach to the market for sale.Here is your opportunity to secure a retail shop investment in tightly held Sunshine Beach village, only seven minutes* drive from world renowned Hastings Street, Noosa Heads. The centre street position is arguably one of the best, providing its long standing tenants (Sunnies Bottleshop - since 2001) with fantastic exposure to the many locals and tourists who frequent the exclusive Sunshine Beach shopping and dining precinct.Surrounding Duke Street are some of the most prestigious homes in Australia with a QLD record sale price of $28 million achieved for one of the beachfront residences in 2023. Forthcoming commercial developments on Duke street are likely to further increase the importance of the Sunshine Beach retail precinct, resulting in larger foot traffic, rental growth and higher valuations.Shop 4/28-34 Duke Street is one of only eleven strata titled commercial/retail tenancies within this short 250m* precinct. PROPERTY FEATURES 64m* ground floor retail shop Secured long standing lease since 2001 to Sunnies Bottleshop (one of three boutique bottleshops held by the Peregian Beach Hotel) Current lease term expiry is August 2026 with no further options currently agreed to Current rental income $63,223 per annum + GST + all recoverable outgoings (including property management fee but excluding body corporate sinking fund) One allocated car parkCall or email David Brinkley to inspect the property or for further information.Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.Offices in NOOSA, MAROOCHYDORE & CALOUNDRA* Approx.

Property History for 4/28-34 Duke St, Sunshine Beach, QLD 4567

A timeline of how this property has performed in the market
Last Sold
$1,280,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,280,000
  • 27 Mar 2024
    Listed for Sale $1,350,000 + GST (if applicable)
  • 19 Jun 2007
    Sold for $515,000
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About Sunshine Beach 4567

The size of Sunshine Beach is approximately 1.9 square kilometres. It has 8 parks covering nearly 12.3% of total area. The population of Sunshine Beach in 2011 was 2,287 people. By 2016 the population was 2,458 showing a population growth of 7.5% in the area during that time. The predominant age group in Sunshine Beach is 50-59 years. Households in Sunshine Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine Beach work in a professional occupation. In 2011, 55.7% of the homes in Sunshine Beach were owner-occupied compared with 60% in 2016.

Sunshine Beach has 2,226 properties. Over the last 5 years, Houses in Sunshine Beach have seen a 70.55% increase in median value, while Units have seen a 70.98% increase. As at 31 October 2024:

  • The median value for Houses in Sunshine Beach is $2,155,515 while the median value for Units is $1,310,703.
  • Houses have a median rent of $895 while Units have a median rent of $740.
There are currently 35 properties listed for sale, and 2 properties listed for rent in Sunshine beach on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Sunshine beach.

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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.