5-7 Blackall TerraceNambour QLD 4560
Property Details for 5-7 Blackall Tce, Nambour
5-7 Blackall Tce, Nambour is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1011m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
Walking distance to everything in Nambour this one is potential plus! On 1,011sqm and zoned 'multi unit dwelling' this character site offers a world of options.
On the fringe of the Nambour CBD you'll enjoy the demand that this bustling country town offers. Enjoying over 13% growth in the last 8 months Nambour has shaken off the sleepy feel that it once had and now enjoys rejuvenated business precincts as well as local cafes, eateries and commerce.
This is a prime development option with the end product of your development application being desirable townhouses. Other nearby developments show that three bedroom townhouses will sell in the high $400K's and spacious two bedrooms can fetch in the low $400K's quite comfortably. Add another 6 months in a growing market to these figures and it's easy to see those same three bedrooms exceeding $500K.
If you're not ready for the development just yet you can sit and hold this site and enjoy $600 pw income from the current duplex. In time you might do a light refurb or even for the local handyman live in one while you renovate the other and visa versa.
All in all this is a fantastic site with great potential and a strong yield. Opportunities like this in a growing market don't come up often!
Features at a glance;
- Walking distance to all amenities
- Two tenants returning $600pw total
- Leases in place till Feb and May 2022
- Possible development site
- 1,011sqm block
Tender closes 12th November at 5pm - Contact Reuben Park on 0413 371 696.
Property History for 5-7 Blackall Tce, Nambour, QLD 4560
- 18 Nov 2021Sold for $582,500
- 21 Oct 2021Listed for Sale Contact agent
- 05 Jul 2019Transferred for $13,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Nambour 4560
Market Insights
Nambour Trends for Houses
N/A
N/A
View TrendN/A
N/A
Nambour Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
