SOLD
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Sold on 20 Sep 2024 - Price Unavailable

12-14 Carroll Street
Nambour QLD 4560

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Floor area: 91m2
Land area: 1148m2
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Property Details for 12-14 Carroll St, Nambour

12-14 Carroll St, Nambour is a 16 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 1148m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 16 bedroom BlockOfUnits sold in Nambour in the last 12 months.

Building Type
BlockOfUnits
Floor Size
91m2
Land Size
1148m2
Local Government
Sunshine Coast Regional
Lot/Plan
19/RP26455

Last Listing description (September 2024)

To the locals, this is the "last block you will ever need." Situated in a prime, central location opposite Nambour State College and within walking distance to all public transport, shops, and the town centre, 12-14 Carroll Street, Nambour, offers a once-in-a-lifetime opportunity to own a true blue chip investment.

Investors, developers, and astute buyers often spend years piecing together boutique residential holdings, slowly acquiring units one by one. However, the hard work has already been done for you here. We are proud to present the complete package - all 8 flats on a substantial 1,148sqm parcel of prime real estate, available for transfer in one seamless transaction.

This meticulously maintained block is a unique offering in a highly sought-after location. The property features 16 bedrooms, 8 bathrooms, and 8 secure car spots, with each flat designed to maximise tenant comfort and appeal. Every flat is equipped with new air conditioning systems, large kitchens, and a modern layout with tidy finishes.

The figures you want to hear! Currently generating a robust rental income of $170,560 per annum, with a recent appraisal projecting potential returns of $187,000 to $208,000 per annum, this property is a low-maintenance, high-income asset ready to enhance your portfolio.

The value of this property extends beyond its immediate returns. Nambour is on the rise, rapidly developing into a central hub on the Sunshine Coast. As the area continues to grow, the demand for quality rental properties in such a prime location will only increase.

Whether you choose to hold the property as a long-term investment or explore redevelopment opportunities, this is an asset that will continue to appreciate in value. And with no body corporate fees, you have complete flexibility and control over your investment.

Opportunities like this don't come around often. Secure this first-class asset today, and watch as the potential unfolds over the coming years.

Features at a glance:
• Complete Block of 8 Flats
• Prime Location: Opposite a school and within walking distance to public transport, shops, and the town centre
• Modern Amenities: New air conditioning systems, large kitchens, and tidy finishes in every flat
• Secure Parking: Under-building car park with one allocated spot per flat
• Generous Land Size: 1,148sqm of prime real estate
• High Rental Income: $170,560 per annum, with potential for up to $208,000 per annum
• No Body Corporate: Full control and flexibility

Don't miss out on securing this rare, high-value investment opportunity. Contact Ryan Aldred today on 0418 849 558 to arrange your inspection and take the first step towards owning the last block you'll ever need.

Auction: Sunday 22th September - Registration Open from 9am
Venue: Mercedes-Benz Sunshine Coast - 65 Maroochy Blvd, Maroochydore

Property History for 12-14 Carroll St, Nambour, QLD 4560

A timeline of how this property has performed in the market
Last Sold
20 Sep 2024
Listed for Rent
$240/w
21 Oct 2010
  • 20 Sep 2024
    Sold for $2,700,000
  • 14 Aug 2024
    Listed for Sale Sold! No Longer Going to Auction
  • 14 Aug 2010
    Listed for Rent - Price not available
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About Nambour 4560

The size of Nambour is approximately 11.4 square kilometres. It has 31 parks covering nearly 10.9% of total area. The population of Nambour in 2011 was 10,222 people. By 2016 the population was 11,183 showing a population growth of 9.4% in the area during that time. The predominant age group in Nambour is 0-9 years. Households in Nambour are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nambour work in a trades occupation. In 2011, 57.6% of the homes in Nambour were owner-occupied compared with 54.4% in 2016.

Nambour has 6,596 properties. Over the last 5 years, Houses in Nambour have seen a 92.64% increase in median value, while Units have seen a 76.54% increase. As at 30 September 2024:

  • The median value for Houses in Nambour is $758,768 while the median value for Units is $492,339.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 86 properties listed for sale, and 58 properties listed for rent in Nambour on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Nambour.

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Contact agent
Ryan Aldred
Show contact details
Ray White Nambour
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.