SOLD
Sold on 12 Mar 2024 for $475,000

12/27 Coronation Avenue
Nambour QLD 4560

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 129m2
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Property Details for 12/27 Coronation Ave, Nambour

Building Type
Commercial
Year Built
1992
Floor Size
86m2
Land Size
129m2
Local Government
Sunshine Coast Regional
Lot/Plan
12/SP100397

Last Listing description (May 2024)

Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are delighted to present Unit 12, 27 Coronation Avenue, Nambour to the market for sale. Situated at the junction between Coronation Avenue and Rigby Street in the heart of Nambour's CBD, this distinctive property holds a prime position between the town's bustling retail hub and the industrial precinct. With an advantageous location, the property enjoys exceptional visibility, benefitting from both high foot traffic and prominent drive-by exposure.

Property Highlights:
Current income of $30,691.06 per annum

Lease expires on 28/02/2026
2 x 3 year options
Net lettable area of 129m2* (excluding awning & mezzanine)
Exclusive use under cover awning area
Bonus mezzanine area above false ceiling
Currently tenanted to Bat Fit Crazy - Gym & Cafe
Ample signage and branding opportunities
Onsite & street parking available

For further information on this property please contact the exclusive marketing agents.

*Approximately

Our dynamic and acclaimed team strategically operates from three well-positioned offices spanning the South East Queensland Northern Corridor, dedicated to serving clients in the SUNSHINE COAST, MORETON BAY & NORTH BRISBANE regions.

For further information on this property please contact the exclusive marketing agents.

*Approximately

Property History for 12/27 Coronation Ave, Nambour, QLD 4560

A timeline of how this property has performed in the market
Last Sold
$475,000
12 Mar 2024
Listed for Rent
$230/w
17 Nov 2020
  • 12 Mar 2024
    Sold for $475,000
  • 26 Feb 2024
    Listed for Sale Offers to Purchase
  • 14 Dec 2020
    Sold for $330,000
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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 6,627 properties. Over the last 5 years, Houses in Nambour have seen a 85.01% increase in median value, while Units have seen a 84.90% increase. As at 31 July 2024:

  • The median value for Houses in Nambour is $727,256 while the median value for Units is $489,852.
  • Houses have a median rent of $600 while Units have a median rent of $495.
There are currently 92 properties listed for sale, and 52 properties listed for rent in Nambour on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in Nambour.

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Contact agent
Abi Rowlands
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Emily Pendleton
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RWC Northern Corridor Group - Sunshine Coast Location
Preferred contact:
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.