Sold
Retail

1 Court Road Nambour, QLD 4560

Sold for $1,027,000 on 29 Jul 2024Floorplan
  • Building: 336m²
  • Land: 597m²
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Retail in Nambour

SOLD by The Emily Pendleton Team

  • Building: 336m²
  • Land: 597m²

Unique Mixed-Use Investment with Development Upside I Nambour

Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are pleased to present 1 Court Road, Nambour to the market for sale. This property is located in a prime Nambour location and boasts ample opportunity for investors and developers alike. Currently, it is a unique residential property featuring space for 5 tenants, all with their own bathroom, outdoor space and access point.

The property is nestled in a Medium Density Residential Zone, providing ample opportunity for the property to be developed into a commercial asset or kept as a residential investment. The flexibility of the short term residential leases leaves this opportunity open to investors, developers and/or owner occupiers.

Highlights of this property include:

  • Internal floor area of 336m2*
  • Land area of 597m2*
  • Currently tenanted to 5 individual tenants
  • Council approvals in place for boarding accommodation
  • Medium Density Residential Zone
  • Mixed-use area of commercial and residential properties close to the CBD
  • Onsite car parking
  • Current yearly income of $89,960 (between 5 tenants)

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 the exclusive marketing agents.

*Approximately

Building:

336m²

Land:

597m² / 0.15 acres

Zone:

Medium Density Residential Zone

Tenancy:

Tenanted

Categories:

Retail, Offices

1 Court Road, Nambour, QLD 4560