A well-known national Running Specialty Store has opened their first store in QLD, securing a five year lease of a commercial property in Maroochydore.
A well-known national Running Specialty Store has opened their first store in Queensland, securing a five year lease of a commercial property in Maroochydore, on the Sunshine Coast.
The deal was negotiated by Will Carman of Savills Sunshine Coast at a rate of $375 per square meter plus GST and Outgoings.
The 88sq m property located at 5/1 Duporth Avenue in Maroochydore is now home to The Running Company, who have nine stores open for business nationwide.
The property has changed hands numerous times in the last nine months, with Mr Carman acting as the exclusive marketing agent on each occasion.
“I have been involved with all three transactions, selling the property twice to private investors, and also negotiating a lease deal.
“It was a pleasure to be involved with all transactions and to be able to provide great outcomes for all parties involved. The repeat business is a testament to the confidence that the clients have put in the Savills brand,” Mr Carman said.
Confidence is said to be building in Maroochydore for investment properties, surrounding the new Maroochydore CBD ‘SunCentral’.
SunCentral was established in 2015 by the Sunshine Coast Council, with the goal in mind of working towards making Maroochydore the city centre for the wider Sunshine Coast region.
“Maroochydore City Centre Priority Development Area (‘SunCentral’), located within central Maroochydore, is providing increased interest and hype in the immediate area with investors gaining confidence around the exciting infrastructure,” Mr Carman said.