Retail Investment With Development Upside!!

Must Be Sold

6-22 Currie Street

Nambour QLD 4560

Land

FOR SALE

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 $69,500 (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 $69,500 (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.