Sold
Retail

50 Lowe Street Nambour, QLD 4560

Sold for $910,000 on 16 Aug 2024
  • Building/Land: 153m²
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Retail in Nambour

SOLD by the Emily Pendleton Team

  • Building/Land: 153m²

Freestanding Tenanted Investment in Nambour CBD I For Sale

Emily Pendleton and Abi Rowlands from RWC Northern Corridor Group are pleased to present the opportunity to purchase 50 Lowe Street, Nambour off market. This is a unique opportunity to purchase an investment in a rapidly developing region. The property is currently occupied by long-term tenants, Remax, a local Real Estate Agency who have occupied the property since 2018 and have a lease in place until 2026 with further options to extend.

The property is centrally located on the main thoroughfare in Nambour, boasting ample street frontage and foot traffic. There is ample opportunity for development and investment upside with projected net incomes set to increase over the coming years.

Highlights of this property include:

  • 153m2 building & land area
  • Fully air-conditioned retail showroom
  • Freehold (no body corporate)
  • Central CBD location opposite the Nambour Shopping Plaza
  • Surrounding tenants include Australia Post, Suncorp, CBA, Bendigo Bank
  • Leased until 2026 with options
  • Long-term real estate agent tenant
  • Prominent frontage and signage exposure
  • 6.6kw solar power
  • Current rental income of $62,556 per annum + GST

Our dynamic and acclaimed team strategically operates from three well-positioned offices spanning the South East Queensland Northern Corridor, dedicated to serving clients in the SUNSHINE COAST, MORETON BAY & NORTH BRISBANE regions.

For further information on this property please contact our marketing agents Abi Rowlands or Emily Pendleton.

* Approximately

Building:

153m²

Land:

153m² / 0.04 acres

Zone:

Major Centre Zone

Tenancy:

Tenanted

50 Lowe Street, Nambour, QLD 4560