Strong interest in leasehold riverfronts

A POULAR Noosa River jetty leasehold site and business has attracted national interest and a price tag of $1.2 million.
The recent sale of Jetty 17, 248 Gympie Terrace, Noosaville, follows the sale earlier this year of the nearby Pelican Boat Hire Business for an undisclosed sum.
The 488sqm tenanted site of Jetty 17 had been offered for sale for an extended period and is said to have attracted strong interest.
Ray White Commercial Noosa and Sunshine Coast North agent John Petralia said the sale confirmed the value of leasehold riverfront sites.
“There were 40 inquiries on the property, including some from the people who had looked at the Pelican Boat Hire site,” he said.
Mr Petralia said the new owner was relocating from Brisbane and will be actively involved in the running of the boat and kayak hire business at Jetty 17.
“The popular Stand Up Paddle hire and lessons and Ocean Rider will continue to run from the site. The new owner is planning some minor cosmetic and presentation changes and over time introducing new complementary marine activities,” Mr Petralia said.