J U S T L E A S E D - C A S E S T U DY
TYPE RETAIL
NLA 62M2
START / TERM 2 X 2 YEARS
ENQUIRY 14
OFFERS 3
LEASE RATE $470/M2
MARKETING $520
MULTIPLE OFFERS ON CONVENIENCE LOCATIONS RESULTS IN TWO YEAR LEASE 2/1 SCHOLARS DRIVE, SIPPY DOWNS QLD 4556
The property had been on the market for a couple of months with minimal enquiry, but through Covid our enquiry has picked up for retail spaces sub 100m2 in small convenience centers due to expanding businesses primarily in the allied health sector. With this ramp-up of enquiry, we were lucky enough to be in a multiple offer situation with three applications on 2/1 Scholars Drive, a 62m2 ground floor retail shop located within a bustling little convenience center between Chancellor Park & Sippy Downs between a number of schools and behind the Sunshine Coast University making it a perfect position for a number of businesses.
E M I LY P E N D L E T O N 0402 435 446
ASSOCIATE DIRECTOR emily.pendleton@raywhite.com
Two offers were from allied health businesses and one offer was from a hair extension specialist. The landlords decided to proceed with the hair extension specialist as they were local and had established clientele, met the rental on offer, and were prepared to sign a two-year lease with options. Emily stated “We are pleased to welcome Gold Fever to the neighborhood and wish their business success.”
raywhitecommercialnortherncorridorgroup.com.au