Noosaville Shell service station comes onto market
A new Shell service station in Noosaville has been offered for sale.
The service station, at 140-142 Eumundi Noosa Road, is passed by more than 17,000 vehicles each day and in excess of six million annually.
The 2,428 square metre site includes a 40m frontage to one of the region’s busiest roads, the main thoroughfare linking Noosa Heads with the Bruce Highway at Eumundi.
Viva Energy, the Australian distributor of Shell fuel and lubricants, has a 15-year lease on the property, which generates annual net income of $426,921.
Shell is accompanied by a NightOwl convenience store and the family-owned Rick’s Artisan Pies and Sourdough at the site, which opened in 2017.
The CBRE Queensland Retail Investments team of Darren Collins, Michael Hedger and Joe Tynan together with CBRE Sunshine Coast Managing Director Rem Rafter have been appointed to manage the sale campaign.
Expressions of interest are sought before December 5.
The property is near the Noosa Civic shopping centre, which recently sold for $250 million, the Noosaville Auto Park and a host of major retailers, led by Bunnings.
It features seven covered fuelling bays and a total of 15 customer car parks.
“The site is exceptionally well located,” Mr Collins said.
“It is only five kilometres from Hastings Street in Noosa Heads and 25 kilometres from Sunshine Coast Airport, the country’s fastest-growing airport.
