17 Hospital Rd, Nambour is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 936m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Investors take note! Set on a massive 936sqm block just a short walk from the hospital, here lies an outstanding investment/development opportunity.
Currently tenanted for a further two years (of a three year lease) and complete with four bedrooms, a study, large kitchen, formal lounge with handsome plaster ceilings, verandah with pleasant views over the hills of Nambour, tandem covered parking and a huge storage area underneath which makes for the ideal workshop/man cave, complete with toilet and shower. Other features include: air-conditioning in master bedroom and living room, and ceiling fans.
Zoned for Mixed Housing (4900), there is clear potential to build multiple dwellings - duplex or townhouses; and so close to the hospital.
Located within a two minute walk up the hill to the hospital and surrounding shops, and a five minute walk to town and rail to Brisbane, this is a central location. Positioned on a busy road, this could also suit a home-based business; there is great exposure, all the hospital workers and visitors to the hospital are driving past daily, and there is that massive area underneath which could be utilised.
Currently tenanted at $450 week.
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 6,625 properties. Over the last 5 years, Houses in Nambour have seen a 92.50% increase in median value, while Units have seen a 85.28% increase. As at 31 December 2024:
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