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Retail Investment With Development Upside!!

6-22 Currie Street, NAMBOUR QLD, 4560

For Sale

Property for Sale in 6-22 Currie Street, NAMBOUR QLD, 4560

Ray White Commercial Noosa & Sunshine Coast North

Suite 204, 90 Goodchap Street, Noosaville, QLD 4566

Listing ID:
11387018
Status:
Active
For:
Sale
Price:
Must Be Sold
Last Updated:
26/06/2020
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Property Type

Land/Development
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Land Area

827 SQM
Icon size

Floor Area

N/A
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Parking

N/A

Retail Investment With Development Upside!!

6-22 Currie Street, Nambour represents a rare opportunity to purchase a tenanted retail investment with upside, whilst also providing a development opportunity with the current zoning allowing for building heights up to 25m.

Located on a prominent corner site on the busy main thoroughfare of Nambour, the freehold site comprises a mix of 8 retail and food tenancies, currently returning $63,000 (approx) with a potential return of $109,000 (approx).

Located within the Nambour Major Centre Zone, the site also falls within the Nambour Special Entertainment Precinct with a development height limit of 25 metres. Nambour is one of the major centres of the Sunshine Coast, one of Australia's fastest growing regions.

+ Current net return $63,000 (approx) with a potential net return of $109,000 (approx) across 8 tenancies

+ Site area of 827sq m (approx) with current NLA 826sq m (approx)

+ High volumes of passing traffic and strong visibility for all tenancies

+ Key location in the CBD of Nambour only seconds away from the train station and well situated for development opportunities

+ Within the Nambour Major Centre Zone code and Nambour Special Entertainment Precinct

+ Current Town Plan allows for redevelopment up to 25m

Call or email Matt Marenko or Louisa Blennerhassett to inspect the property or find out about other suitable options.

Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.

For more details, please email agent

Ray White Commercial Noosa & Sunshine Coast North

Suite 204, 90 Goodchap Street, Noosaville, QLD 4566


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