5/10 Memorial AvenueTewantin QLD 4565
Property Details for 5/10 Memorial Ave, Tewantin
Last Listing description (January 2024)
John Petralia from RWC Noosa & Sunshine Coast is pleased to present Shop 5, 10 Memorial Avenue to market for sale.
Tewantin is benefiting from a surge in property prices with families moving in and renovating or building new homes. Located at the entrance to Tewantin, this tenanted investment is centrally located in a thriving food and retail hub.
The property is secured by a 3 year lease to a business operator with multiple sites.
While they are trading at the front of the shop, the rear still includes an exhaust fan, sinks/stainless steel benches and access to a grease trap and gas. This allows the property to be used as a cafe/restaurant in the future.
59m* plus seating out the front
Lease expiry 10/8/25 + 3 year option
Air-conditioning
Plenty of parking front and rear
Exhaust fan, gas connections and sinks
Located in a popular food and retail destination
Call or email John Petralia 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 5/10 Memorial Ave, Tewantin, QLD 4565
- 23 Nov 2023Sold for $515,000
- 28 Aug 2023Listed for Sale Under Offer
- 30 Sep 2022Sold for $505,000
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0About Tewantin 4565
The size of Tewantin is approximately 26.2 square kilometres. It has 28 parks covering nearly 114.6% of total area. The population of Tewantin in 2011 was 10,659 people. By 2016 the population was 10,913 showing a population growth of 2.4% in the area during that time. The predominant age group in Tewantin is 60-69 years. Households in Tewantin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tewantin work in a trades occupation. In 2011, 64% of the homes in Tewantin were owner-occupied compared with 65.8% in 2016.
Tewantin has 5,475 properties. Over the last 5 years, Houses in Tewantin have seen a 93.02% increase in median value, while Units have seen a 58.21% increase. As at 31 October 2024:
- The median value for Houses in Tewantin is $1,174,095 while the median value for Units is $728,267.
- Houses have a median rent of $755 while Units have a median rent of $600.
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