54 Landsborough Parade

Golden Beach QLD 4551

Set on a 607sqm freehold landholding* with 229.5sqm of NLA*, the property generates a solid $98,625pa net rental return, supported by five shops leased to four established tenants. Anchored by a popular Italian restaurant on a long 7-year lease, the centre also includes a well-known café with a generous alfresco area, a long-standing noodle shop, and a modern barber with a high-quality fit-out.

With commanding exposure along Landsborough Parade, dual access, direct adjacency to a heavily utilised community park, and ample council parking at the rear, this is an irreplaceable position that consistently attracts strong local trade and ensures minimal vacancy. Future development potential further enhances the offering, with previous plans submitted for additional residential levels.

Neighbourhood centres of this calibre-particularly sub-$2M-are increasingly difficult to secure on the Sunshine Coast. This asset delivers secure income today, rental growth tomorrow, and long-term capital upside in one of the Coast's most tightly held coastal communities.

Key Strengths of the Property
• Torrens Title freehold landholding of 607sqm* with 229.5sqm* of net lettable area
• Strong tenant diversification across 5 shops leased to 4 well-established occupants
• Solid net rental income of $98,625pa + GST
• Superior exposure along the main arterial road into Golden Beach & Pelican Waters
• Outstanding tenant mix, including:
• Popular Italian restaurant on a secure 7-year lease
• Well-established café with 40sqm alfresco area* overlooking the park
• Long-term noodle operator supported strongly by locals
• Modern bar• ber with a striking fit-out
• Exceptionally tightly held precinct with almost zero vacancy and limited future supply
• Direct adjacency to a large, well-maintained council park, boosting foot traffic
• Ample parking, including 6 onsite spaces plus large council carparks nearby
• Future flexibility with tenancy sizes ranging from 31sqm* to 105sqm*
• Built-in annual rental increases of 2.5%-3% across all leases
• Strong security with rental bonds and personal guarantees in place
• No body corporate fees - fully freehold with no strata obligations
• Dual access via Landsborough Parade and rear pedestrian access through Singh Lane
• Low-maintenance asset, ideal for passive investors
• Proven tenant retention and minimal historical vacancies
• Significant development upside, with previous DA for additional floors
• Located in a high-growth coastal pocket, surrounded by major residential development
• Walking distance to public transport, with the bus stop directly out front

For further information, please do not hesitate to contact Emily Pendleton.