Sold
54 Landsborough Parade,
Golden Beach 4551, Queensland
$1,820,000
Property details
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Agents
SOLD by The Emily Pendleton Team
Emily Pendleton from RWC Northern Corridor Group is excited to present 54 Landsborough Pde, Golden Beach. Perfectly positioned within Golden Beach's tightly held retail precinct, this multi-tenanted neighbourhood centre offers an exceptional opportunity to secure a high-performing asset underpinned by secure income, strong tenant diversity, and significant long-term upside.
Set on a 607sqm freehold landholding* with 229.5sqm of NLA*, the property generates a solid $98,625pa net rental return, supported by five shops leased to four established tenants. Anchored by a popular Italian restaurant on a long 7-year lease, the centre also includes a well-known café with a generous alfresco area, a long-standing noodle shop, and a modern barber with a high-quality fit-out.
With commanding exposure along Landsborough Parade, dual access, direct adjacency to a heavily utilised community park, and ample council parking at the rear, this is an irreplaceable position that consistently attracts strong local trade and ensures minimal vacancy. Future development potential further enhances the offering, with previous plans submitted for additional residential levels.
Neighbourhood centres of this calibre-particularly sub-$2M-are increasingly difficult to secure on the Sunshine Coast. This asset delivers secure income today, rental growth tomorrow, and long-term capital upside in one of the Coast's most tightly held coastal communities.
Key Strengths of the Property
• Torrens Title freehold landholding of 607sqm* with 229.5sqm* of net lettable area
• Strong tenant diversification across 5 shops leased to 4 well-established occupants
• Solid net rental income of $98,625pa + GST
• Superior exposure along the main arterial road into Golden Beach & Pelican Waters
• Outstanding tenant mix, including:
• Popular Italian restaurant on a secure 7-year lease
• Well-established café with 40sqm alfresco area* overlooking the park
• Long-term noodle operator supported strongly by locals
• Modern bar• ber with a striking fit-out
• Exceptionally tightly held precinct with almost zero vacancy and limited future supply
• Direct adjacency to a large, well-maintained council park, boosting foot traffic
• Ample parking, including 6 onsite spaces plus large council carparks nearby
• Future flexibility with tenancy sizes ranging from 31sqm* to 105sqm*
• Built-in annual rental increases of 2.5%-3% across all leases
• Strong security with rental bonds and personal guarantees in place
• No body corporate fees - fully freehold with no strata obligations
• Dual access via Landsborough Parade and rear pedestrian access through Singh Lane
• Low-maintenance asset, ideal for passive investors
• Proven tenant retention and minimal historical vacancies
• Significant development upside, with previous DA for additional floors
• Located in a high-growth coastal pocket, surrounded by major residential development
• Walking distance to public transport, with the bus stop directly out front
For further information, please do not hesitate to contact Emily Pendleton.
Explore the area
School catchments
- Golden Beach State School Primary Prep-6 Government 0.94km
- Caloundra City Private School Combined Prep-12 Independent 1.7km
- Caloundra Christian College Combined Prep-12 Independent 2.5km
- Caloundra State School Primary Prep-6 Government 3.2km
- Caloundra State High School Secondary 7-12 Government 3.2km
- Our Lady of the Rosary School Primary Prep-6 Catholic 3.6km
- Unity College Combined Prep-12 Catholic 3.7km
- Baringa State Primary School Primary Prep-6 Government 3.9km
- Baringa State Secondary College Secondary 7-12 Government 4.6km
- Currimundi State School Primary Prep-6 Government 5.2km
- Talara Primary College Primary Prep-6 Government 5.5km
- Meridan State College Combined Prep-12 Government 5.6km
- Notre Dame College Combined Prep-7 Catholic 5.7km
- Nirimba State Primary School Primary Prep-6 Government 6.4km
- Pacific Lutheran College Combined Prep-12 Independent 7.4km
- Kawana Waters State College Combined Prep-12 Government 9.1km
- Palmview State Primary School Primary Prep-6 Government 10.1km
- Palmview State Secondary College Secondary 7-10 Government 10.5km
- Chancellor State College Combined Prep-12 Government 13.1km
- Siena Catholic College Secondary 7-12 Catholic 13.3km
- The Industry School - Sunshine Coast - Mountain Creek Campus Secondary Independent 14.6km
- Mountain Creek State High School Secondary 7-12 Government 14.9km
- Matthew Flinders Anglican College Combined Prep-12 Independent 15.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Emily Pendleton
Contact Emily Pendleton
Emily Pendleton
54 Landsborough Parade, Golden Beach QLD 4551
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Emily Pendleton
54 Landsborough Parade, Golden Beach QLD 4551