A high-profile retail property at 301 Weyba Road, Noosaville has been sold for $2.15 million, with strong buyer interest driven by its strategic location and future redevelopment potential.
The property is tenanted by popular restaurant Mr Jones and Me.
Marketed by David Brinkley and Paul Butler of RWC Noosa & Sunshine Coast, the property attracted widespread attention from both local and national investors throughout the campaign.
“This was a highly sought-after asset due to its position and the potential for mixed-use redevelopment,” Mr Brinkley said.
“We saw strong enquiry levels from both investors and potential owner-occupiers, particularly those in the hospitality and food and beverage sectors.”
The purchaser is a local investor who plans to hold the property with a long-term vision for future redevelopment. The sellers were Queensland-based investors.
This transaction highlights continued appetite for well-located assets with flexible zoning, particularly those offering a blend of short-term income and medium-term upside potential.
“Noosaville remains a tightly held market, and this sale reflects growing confidence in properties that offer future adaptability, especially in lifestyle destinations like the Sunshine Coast,” Mr Brinkley said.
