SOLD
Sold on 18 Jul 2024 for $915,000

50 Lowe Street
Nambour QLD 4560

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 129m2
Land area: 153m2
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Property Details for 50 Lowe St, Nambour

Building Type
Commercial
Floor Size
129m2
Land Size
153m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/RP91272

Last Listing description (September 2024)

Emily Pendleton and Abi Rowlands from RWC Northern Corridor Group are pleased to present the opportunity to purchase 50 Lowe Street, Nambour off market. This is a unique opportunity to purchase an investment in a rapidly developing region. The property is currently occupied by long-term tenants, Remax, a local Real Estate Agency who have occupied the property since 2018 and have a lease in place until 2026 with further options to extend.

The property is centrally located on the main thoroughfare in Nambour, boasting ample street frontage and foot traffic. There is ample opportunity for development and investment upside with projected net incomes set to increase over the coming years.

Highlights of this property include:

153m2 building & land area
Fully air-conditioned retail showroom
Freehold (no body corporate)
Central CBD location opposite the Nambour Shopping Plaza
Surrounding tenants include Australia Post, Suncorp, CBA, Bendigo Bank
Leased until 2026 with options
Long-term real estate agent tenant
Prominent frontage and signage exposure
6.6kw solar power
Current rental income of $62,556 per annum + GST

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 our marketing agents Abi Rowlands or Emily Pendleton.

* Approximately

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Property History for 50 Lowe St, Nambour, QLD 4560

A timeline of how this property has performed in the market
Last Sold
$915,000
18 Jul 2024
Listed for Rent
13 Apr 2018
  • 18 Jul 2024
    Sold for $915,000
  • 29 May 2024
    Listed for Sale Offers to Purchase
  • 06 Nov 2023
    Listed for Sale $930,000
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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 6,632 properties. Over the last 5 years, Houses in Nambour have seen a 92.78% increase in median value, while Units have seen a 86.65% increase. As at 30 November 2024:

  • The median value for Houses in Nambour is $770,217 while the median value for Units is $524,075.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 83 properties listed for sale, and 48 properties listed for rent in Nambour on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Nambour.

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Abi Rowlands
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Emily Pendleton
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RWC Northern Corridor Group - Sunshine Coast Location
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