



David Brinkley and Rachel Cadamy from Ray White Commercial Noosa & Sunshine Coast are pleased to present 1 & 2/56 Duke Street, Sunchine Beach to the market for sale. Positioned within the tightly held Duke Street village precinct of Sunshine Beach, 1 & 2/56 Duke Street represent an exceptional strata retail investment backed by an established local institution. Occupied by XO Cellars - Sunshine Beach's premier boutique bottle shop known for its curated collection of fine wines, artisan spirits and craft beers - the property enjoys steady passing pedestrian foot traffic in one of the Noosa region's most affluent coastal enclaves. The offering encompasses two adjoining ground floor lots combined into a single, cohesive retail footprint spanning 88m²* of internal floor area, complemented by a 48m²* exclusive-use alfresco/display area and two dedicated car parking spaces. With a secure lease running until March 2030, a further 5-year option, built-in 4% annual rental increases and outgoings recovable (excluding sinking fund and land tax), this is a low-maintenance, income generating asset offering defensive cash flow and prime coastal real estate fundamentals. INVESTMENT HIGHLIGHTS • Securely leased to boutique liquor retailer XO Cellars, a recognized and long-standing destination for fine wines and craft beverages in Sunshine Beach • Total internal strata area of 88m²* (Lot 1: 43m²* | Lot 2: 45m²*) across two adjoining ground floor titles • Includes an expansive 48m²* exclusive-use outdoor area plus two dedicated car parking bays on title • Current lease term runs through to 31 March 2030, with an additional 5-year option extending potential tenure to 2035 • Built-in 4% fixed annual increases providing immediate protection against inflation, with a market review at option in 2030 • Passing net rental income of $72,063.32 per annum + GST • High-exposure location, set back from Duke Street, captures continuous local and holidaymaker foot traffic moving through the Sunshine Beach village and dining precinct Call or email David Brinkley or Rachel Cadamy to inspect the property or for further information. Proudly presented by Ray White Commercial Noosa & Sunshine Coast. Our three offices in NOOSA, MAROOCHYDORE & CALOUNDRA enable us to deliver expert commercial real estate services across the entire Sunshine Coast. Our experienced team specialises in sales, leasing, property management and business sales, providing local expertise backed by coast-wide reach. * Approx. Note: Property uses are STCA (Subject To Council Approval) and subject to change. We recommend independent town planning advice be sought by buyers and lessees.
Email enquiry to RWC - Noosa & Sunshine Coast
Property ID: 505277720
Original Property ID: 505277720