FOR SALE
$4,500,000

81-87 Currie Street
Nambour QLD 4560

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1112m2
Land area: 1404m2
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Freehold Tenanted Investment For Sale in Nambour CBD

Emily Pendleton and Abi Rowlands from Ray White Commercial Northern Corridor Group are delighted to present an exclusive off market opportunity for you to acquire the freehold interest in 81-87 Currie Street, Nambour.
Nestled in the heart of Nambour, this two-storey plus basement, low-maintenance property stands as a testament to quality craftsmanship and versatile potential. Originally tenanted to a bank, its sturdy construction ensures enduring reliability. Presently housing employment agencies and an op shop on the ground floor, with one vacancy awaiting its next venture, this property offers a dual opportunity. Owners can opt for an owner-occupy arrangement while benefiting from rental income from the tenanted units or capitalise on the high-growth potential by renting out the vacant space. Positioned in a thriving locale of Nambour, this property promises a set-and-forget investment with endless possibilities for savvy investors.
Key features of this opportunity:
• Land area: 1,404m2*
• Building area: 1,112m2* (across two levels - 317m2* on first floor and 795m2* of ground floor retail + additional storage in basement not included in area)
• Convenient access to 28 exclusive rear car parks at the rear with a boom gate
• Current net rental of $296,905 per annum (including 12 month rental guarantee on the vacancy)
• Projected net rental of $369,000 per annum with market rent increases
• Long-term tenants in place, ensuring stability
• Substantial potential for rental growth with future options
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Property Details for 81-87 Currie St, Nambour

Building Type
Commercial
Floor Size
1112m2
Land Size
1404m2

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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 6,595 properties. Over the last 5 years, Houses in Nambour have seen a 91.58% increase in median value, while Units have seen a 85.88% increase. As at 31 October 2024:

  • The median value for Houses in Nambour is $759,426 while the median value for Units is $521,748.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 95 properties listed for sale, and 52 properties listed for rent in Nambour on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Nambour.

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Emily Pendleton
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RWC Northern Corridor Group - Sunshine Coast Location
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