1/113-121 Howard StreetNambour QLD 4560
Property Details for 1/113-121 Howard St, Nambour
Last Listing description (August 2024)
Emily Pendleton from Ray White Commercial Northern Corridor Group are delighted to introduce Suite 1, 113-121 Howard Street, Nambour, now available for sale. This property represents an exceptional investment opportunity, currently leased to the longstanding tenant, Nambour Day Surgery, which has been in occupancy since 2000.
Strategically positioned within the bustling CBD of Nambour and adjacent to nationally recognised tenants, this prime location underscores the property's significance. With the medical sector experiencing sustained growth and heightened demand, investing in such a property promises long-term stability and potential appreciation.
Property Highlights:
• 521m2* building area
• Net annual return of $189,112.50
• Outgoings paid by tenant
• 71 onsite car parks
• Prime location adjoining Repco & Paint Right and opposite Aldi & Nambour Civic Centre
• 5 minutes walking distance to Train Station
• Less than 5km to Bruce Highway
For further information please contact the exclusive marketing agents Emily Pendleton.
Property History for 1/113-121 Howard St, Nambour, QLD 4560
- 28 Aug 2024Sold for $2,450,000
- 28 Mar 2024Listed for Sale Contact Agent
- 05 Feb 2021Sold for $2,000,000
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0About 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 6,601 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.
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