Retail and medical spaces for sale in Sunshine Coast

A mixed-use property with retail and medical space in the Sunshine Coast has come to the market.

Pulse Oceanside, developed by Evans Long, offers ground floor retail and first floor medical suites in a location opposite the proposed entrance of the Sunshine Coast University Hospital. The combined space is 1,376 sqm.

CBRE’s Michael Hedger, Joe Tynan, Millan Narsey, Sam Grasso and Ryan Parry will be negotiating the sales of the properties, which will be offered individually to suit passive investors and self-managed super funds looking for security and strong growth.

The suites will be offered to the market via an expressions of interest campaign ending this month, with the sales expected to have a combined value of $15 million.

Tynan said the immediate precinct is undergoing a major health care infrastructure development, valued at more than $5 billion, which will create 12,000 new jobs and drive further growth in the area – underpinning the retail market.

“Significant buyer interest is expected from both national and international groups, particularly as buyers are more actively targeting the Queensland market to benefit from more attractive yields than those offered in Sydney and Melbourne,” added Hedger.