11/29 Hospital Rd, Nambour is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 110m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Nambour in the last 12 months.
Located within metres of the Nambour Hospital this prime position, investors only set and forget unit, represents incredible value with an equally impressive rent return.
Situated in a block of only 12 units and with a permanent on site manager in residence, the 2 bedroom split level property is well presented with the current tenant looking to stay and currently paying $450.00 per week.
The unit comes fully furnished and is well equipped with air conditioning, dishwasher plus a secluded timber sun deck for year round enjoyment by the occupants.
This property currently provides sought after positive cash flow returns with historically secure prospects well into the future.
For further details contact exclusive list agent Steve G Pery and make this one part of your investment portfolio.
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 6,603 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:
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