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HomePropertiesNoosa River foreshore/riverbed leasehold and business has sold

Noosa River foreshore/riverbed leasehold and business has sold

A rare Noosa River foreshore/riverbed leasehold and business sold for an undisclosed amount last week – T Boat Hire, 290 Gympie Terrace, Noosaville.

Over the last 80+ years T Boat Hire has provided tourists and locals alike the opportunity to enjoy the beautiful Noosa River, renting boats, kayaks and jet skis.

The business and leasehold have had only a handful of owners during this time, with the most recent owners running it for the last 27 years. The helm of this well loved Noosa business has now been handed over to an enthusiastic water and boat loving family who intend to maintain the course and continue to provide the same levels of customer service and experience.

Agent, John Petralia of Ray White Commercial Noosa & Sunshine Coast North cast the net Australia wide to find potential buyers suited to such a unique business and property.

“While a business with this pedigree and limited competition rarely becomes available, what was even more exciting was the inclusion in the sale of the 1,858m2* of commercial riverbed lease it occupies,” said John.

This is the fifth river leasehold John has sold. This experience allowed him to seamlessly deal with the complexities of appraising, marketing and negotiating for a combined business and premises transaction. “The vendors are now free to happily sail off into the sunset and enjoy the retirement they’ve planned,” said John.

For more information, contact Ray White Commercial Noosa & Sunshine Coast North agent John Petralia on 0414 812 719 or john.petralia@raywhite.com

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