Tewantin Market Garden freehold sells for $1 million

The long-standing Tewantin Market Garden on the Sunshine Coast has been snapped up for $1,025,000.

The 142sqm property at Shop 2/93 Poinciana Avenue was completed in 2016 and formed part of the ‘Tewantin Place’ strata complex.

It was sold by David Brinkley and Tracey Ryan from Ray White Commercial Noosa and Sunshine Coast North to an interstate investor. 

Tewantin Market Garden relocated from a below street level position within Tewantin Plaza further up the street. 

“The tenants had made the decision to relocate to this site on the Poinciana street front to enhanced their business and benefited their customers," Brinkley said.

The property was first for sale as an off-market proposition until final agreement was reached five months later. 
 
"Tewantin is a busy retail centre which is undergoing a revitalisation as the demographic in the area moves away from retirees to young families investing in the large blocks at prices slightly below neighbouring Noosa," Brinkley said.