CASE STUDY 22/121 MOOLOOLABA ESPLANADE, MOOLOOLABA
LEASED TO FASHION BOUTIQUE ON ATTRACTIVE GROSS RENTAL
Emily Pendleton and Victoria Hunter from the Ray White Commercial Northern Corridor Group are pleased to announce the successful lease of Shop 22 at 121 Mooloolaba Esplanade, Mooloolaba. This prime retail leasing opportunity right on the Mooloolaba Esplanade, presented as the ideal location for Vivian The Store to set up shop in their new Sunshine Coast location. The boutique ladies fashion retailer will join a variety of neighbouring retailers, beauty salons and eateries that call this well-known Mooloolaba holiday hot-spot home. Sitting on the market for several months with 2 other agencies, Emily and Victoria worked hard to secure a tenant that would benefit greatly from the abundance of foot traffic and easy access with the onsite basement parking. These high profile locations, though coming at a price, prove to be well worth the competitive rental rates once businesses are properly established.
$/M2 $744/m2
ENQUIRIES 11
As the threat of Covid continues to become a thing of the past, these heavy tourism and destination locations will fill; creating a more competitive market and therefore raising rents in these areas. “We are so pleased to have been able to assist our client with securing this tenant as tourists start, once again, flocking to these high profile areas of the Coast” Emily said. OFFERS 1
Emily Pendleton Associate Director Senior Sales & Leasing Executive 0402 435 446 emily.pendleton@raywhite.com
NLA 86/m2
Ray White Commercial Northern Corridor Group