2 STEVENS STREET, YANDINA Auction
Chantel Dielwart | Ray White Buderim
2 STEVENS STREET, YANDINA The Opportunity
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Property Summary
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Tenancy One
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Tenancy Two
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Vacant Suite
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Outgoing & Tenant Contributions
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Floorplan
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Bidder Registration Form
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Chantel Dielwart 0421 466 696 chantel.dielwart@raywhite.com
Whilst every care has been taken in the preparation of this document, it is for guidance only. This developer and its agents make no warranty or representation as to the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams and photographs are for presentation purposes only. Interested parties should satisfy themselves as to the accuracy, reliability, currency, or completeness of each description or reference. All information herein is subject to change without notice.
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LANDMARK 1900'S COMMERCIAL FREEHOLD WITH IMMEDIATE RENTAL UPSIDE 469sqm THE OPPORTUNITY Standing as a true local icon since the early 1900s, 2 Stevens Street offers an irreplaceable piece of Yandina's rich heritage paired with outstanding commercial investment credentials. Steeped in character and pioneer charm, this landmark building captures the classic hinterland aesthetic while housing vibrant commercial tenancies. Positioned in a high-exposure town centre location, the property benefits directly from Yandina's rapidly growing population and booming local economy. Unrivalled accessibility is guaranteed with immediate proximity to the Bruce Highway, ensuring continuous traffic flow, strong regional connectivity, and high foot-traffic from locals and visitors alike. Currently 80% leased to established long-term occupants-including local favourite Deco Bar & Restaurant and Yandina Realty-the asset delivers immediate holding income alongside exceptional value-add upside. With 100m2 of vacant space ready to occupy or lease out, incoming purchasers can capitalize on the region's surge in commercial demand.
KEY FEATURES: • Local centre zoning • Iconic early-1900s architecture: Original heritage character and classic hinterland street presence that makes it a celebrated local landmark. • High-growth location: Capitalize on Yandina's rapidly expanding population and thriving local business ecosystem. • Direct Bruce Highway access: Prime connectivity ensuring seamless transport links and strong exposure for commercial tenants. • 80% Leased investment: Anchored by long-term, high-profile tenants providing solid immediate income. • Value-add potential: 100m2 vacant space ideal for lease optimization or owner-occupiers.
AUCTION
Auction Event Sunday, September 20 Registration opens at 9am, Auctions commence at 10am Mercedes-Benz Sunshine Coast 65 Maroochy Boulevard, Maroochydore
2026
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PROPERTY SUMMARY
2 Stevens Street, Yandina QLD 4561
Property Type:
Commercial Freehold
Legal Description:
Lot 4 on RP167389
Title Reference:
17018054
Total Lettable Area (NLA):
~469m² (Ground Floor Tenancies + Outdoor Deck License Area)
Occupancy:
~79.5% Occupied (2 of 3 Tenancies Leased) 1x 100m² Vacant Suite
Zoning:
Local Centre
Local Authority:
Sunshine Coast Council
Height of building & structure overlay:
12 meters
Heritage Overlay:
Character area, local heritage place
Asbestos Management Plan:
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TENANCY ONE
Tenant / Lessee:
Persync Pty Ltd as Trustee for the Yandina Trust (Trading as Yandina Realty)
Premises Description:
Tenancy 1 (Ground Floor)
Lettable Area (NLA):
100 m² (approx.)
TERMS & FINANCIALS Original Term:
3 Years (01/04/2016 – 31/03/2019)
Options:
2x 3-Year Options
Current Passing Rent:
$24,495.48 + GST per annum ($2,041.29 + GST per month)
Rent Review:
Annual CPI increases
Permitted Use:
Retail Shop or Professional Office
Security Bond:
Equivalent to 1 month’s rent
Public Liability Insurance:
$10,000,000 required
SPECIAL CONDITIONS & COVENANTS Shared Facilities:
Shared access to common kitchen & toilet facilities at the rear of the building, plus access to the Scott Street front entrance.
Signage & Storage:
Tenant permitted to erect exterior signage and build a small signage storage cage under the rear of the building.
Fit-out:
Fit-out completed at tenant's expense, with improvements retained at lease expiry as agreed with the lessor.
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TENANCY TWO
Tenant / Lessee:
Benjamin Derclaye (Trading as Bar Deco)
Premises Description:
Part Ground Floor Building (Lease A) Outdoor Rear Deck & Yard Area (Licence A)
Lettable Area (NLA):
287 m² (Ground Floor Restaurant & Deck Area combined).
TERMS & FINANCIALS Original Commencement:
1 September 2018
Current Expiry Date:
31 August 2026
Options:
1x 5-Year Option (1 September 2026 – 31 August 2031)
Base Restaurant Rent:
~$29,013.36 + GST per annum ($101.09/m²).
Deck License Fee:
~$8,945.88 + GST per annum ($31.17/m²).
Total Current Income:
~$37,959.24 + GST per annum ($132.26/m² combined)
Option Term CPI Reviews:
Set for 01/09/2027, 01/09/2028, 01/09/2029, and 01/09/2030
Permitted Use:
Restaurant and Bar
Security Bond:
Security Deposit / Bond $2,860.00
SPECIAL CONDITIONS & COVENANTS Shared Facilities:
Entry foyer and toilets are shared access, with the tenant responsible for cleaning and stocking toilet amenities.
Liquor Licence:
Tenant required to hold and maintain active liquor licensing for the business.
Fixtures & Equipment:
Exhaust fan leased with premises; tenant responsible for safe operation and maintenance.
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VACANT SUITE
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OUTGOINGS EXPENSE SCHEDULE (FY2026/2027 BUDGET)
Expense Item
Annual Amount (excl. GST)
Notes / Frequency
Council Rates
$3,946.00
Paid semi-annually
Water & Sewerage Rates
$2,200.00
Paid quarterly
Building Insurance Premiums
$12,075.00
Paid annually (Nov)
General Repairs & Maintenance
$3,000.00
$250 / month
Pressure Cleaning
$1,500.00
$125 / month
Management Fees (Agency)
$11,651.00
Colliers SC Management
Audit Fees (Outgoings Audit)
$275.00
Annual
$34,647.00 + GST
($2,887.25 / month)
Total Outgoings Expense
OUTGOINGS RECOVERY / TENANT CONTRIBUTIONS Outgoings are 100% recoverable across the tenancies on a proportionate basis (reimbursed via monthly instalments totalling $34,517.00/yr): Bar Deco (Benjamin Derclaye): $20,341.00 + GST / p.a. ($1,695.00 / month) — ~58.9% share Yandina Realty (Persync Pty Ltd) ): $7,088.00 + GST / p.a. ($591.00 / month) — ~20.5% share Vacant Suite $7,088.00 + GST / p.a. ($591.00 / month) — ~20.5% share
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Property address: ______________________________________________ The Property Occupations Act 2014 requires the auctioneer to accept bids only from registered bidders. To be registered, a bidder must provide the bidder’s name and address and produce satisfactory evidence of the bidder’s identity.
Bidders Registration Form Date:
_________________
To:
REBUD PTY LTD A.C.N. 672 823 693 TRADING AS RAY WHITE BUDERIM
Buyer’s Entity*: __________________________________________________________(“Buyer”) Buyer’s Entity*: __________________________________________________________(“Buyer”) (This is the name/entity that will be inserted on the contract should you be the successful bidder). Property Address:
__________________________________________
Phone Number:
__________________________________________
Email:
__________________________________________
Licence or Passport Number:
_________________________________
---------------------------------------------------------------------------------------------------------------------------The below serves to confirm that I/we will not be attending the auction of the above property and wish to reserve the right to submit bids during and immediately after the course of the auction. Select one (1) box only if you will not be personally attending the auction I/We hereby authorise Ray White Buderim and their representatives to:Take offers and place bids from the Buyer listed above by telephone or via the virtual platform; and Sign the contract of sale and all disclosures on behalf of the Buyer listed above who is authorised to bid. I/We hereby authorise you to take offers and place bids at the auction of the above property from the person named below:Name: _______________________________________________________________ Address:
_______________________________________________________________
Phone Number: ___________________________________________________________ Licence or Passport Number: ____________________________________________ Buyer Acknowledgements and Signatures I/We agree to bid as per the terms and conditions of Public Auction. These terms include an authority for the Auctioneer to execute contracts on behalf of the buyer and seller. I/We acknowledge having received a copy of the Contract of Sale and Standard Conditions of Sale by Public Auction. I/We acknowledge having received a copy of the Form 2 Seller Disclosure Statement.
Buyer’s Signature(s)
_________________________
Buyer’s Signature(s)__________________________
Buyer’s Name(s)
_________________________
Buyer’s Name(s)
Capacity: (e.g. Director) ______________________
__________________________
Capacity (e.g. Director) ______________________
*The Auctioneer will not disclose the identity of any bidder to anyone other than (i) an inspector or the court; and (ii) the seller if it is necessary for negotiations with the bidder after the property has been passed in or for facilitating the sale of the property.
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Thank you for your interest in
2 STEVENS STREET, YANDINA If you have any further queries regarding this property, or the upcoming in-room Auction Event being held on 20th September, please reach out any time.
Chantel Dielwart 0421 466 696 chantel.dielwart@raywhite.com
2026 Sunday 20th September Sunday, September 20 Registration opens at 9am, Auctions commence at 10am Mercedes-Benz Sunshine Coast 65 Maroochy Boulevard, Maroochydore
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