9/1810 David Low WayCoolum Beach QLD 4573
Property Details for 9/1810 David Low Way, Coolum Beach
Last Listing description (December 2020)
On behalf of the owners, Luxe Commercial are proud to exclusively offer for sale 8 & 9, 1810 David Low Way, Coolum Beach via an 'Expressions of Interest' campaign closing 22 October 2020 at 4.00pm AEST (Unless Sold Prior).
This is a rare opportunity to acquire a premium fully leased retail investment located on the tightly held Coolum Beach Esplanade. Located within walking distance to the Coles anchored Coolum Marketplace, the tenancy is also flanked by the National Australia and Westpac banks. Situated on the ground floor in a newly developed building directly opposite one of the coasts most iconic patrolled beaches, the tenancies offer an impressive 12 metre street frontage to the David Low Way which is the main arterial road connecting Maroochydore and Noosa Heads.
+ Securely leased to the Commonwealth Bank of Australia on an initial seven year term with options until 2034.
+ The investment offers an attractive net lease structure with 3% fixed annual increases and solid security.
+ Two titles providing for both a reduced risk profile and a number of different possibilities in the future.
+ Significant fit out completed by the tenant and the modest rent is well within market rates for comparable properties in the area.
Net Income: $142,585.00 pa
If you're in the market for a commercial investment that ticks all the boxes, including tenant covenant that's second to none, contact us today as opportunities like these don't last long.
Highlights:
* LEASED TO COMMONWEALTH BANK
* 7 YEAR LEASE WITH OPTIONS TO 2034
* ATTRACTIVE LEASE STRUCTURE
Property History for 9/1810 David Low Way, Coolum Beach, QLD 4573
- 15 Apr 2026Sold for $2,400,000
- 17 Nov 2020Sold for $2,285,000
- 24 Sep 2020Listed for Sale $2,295,000
Recent sales nearby
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0About Coolum Beach 4573
The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2016 was 8497 people. By 2021 the population was 9152 showing a population growth of 7.7% in the area during that time. The predominant age group in Coolum Beach is 50-59 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation.In 2021, 66.90% of the homes in Coolum Beach were owner-occupied compared with 62.60% in 2016.
Coolum Beach has 6,522 properties. Over the last 5 years, Houses in Coolum Beach have seen a 69.54% increase in median value, while Units have seen a 92.37% increase. As at 30 April 2026:
- The median value for Houses in Coolum Beach is $1,573,778 while the median value for Units is $1,202,877.
- Houses have a median rent of $923 while Units have a median rent of $750.
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