The Brief
Investors from North Queensland looking to secure a ‘set and forget’ investment, with a strong focus on a minimum 5% yield. They were seeking a property that required no major refurbishment, prioritising a well-positioned asset within a vibrant and growing pocket.
The Property
A mixed-use retail centre positioned on a 524m² site, offering 592m² of floor area across five tenancies. Returning over $300,000 per annum and delivering a 6.5% yield, it presents a strong, income-producing investment that comfortably exceeds our clients’ return expectations.
The Location
Well situated within the vibrant Noosa Junction precinct, less than 2km from the iconic Noosa Heads beach. A highly sought-after and growing pocket that offers strong tenant appeal and enduring demand.
The Outcome
Secured by Jamie and Erika on behalf of Richard Barram of Barram Medical Property Advisory, following a period of considered negotiation. We were able to secure the property below our clients’ budget, delivering a high-yielding, low-maintenance asset that aligned with their brief.
