Unique Mixed-Use Investment with Development Upside I Nambour
Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are pleased to present 1 Court Road, Nambour to the market for sale. This property is located in a prime Nambour location and boasts ample opportunity for investors and developers alike. Currently, it is a unique residential property featuring space for 5 tenants, all with their own bathroom, outdoor space and access point.
The property is nestled in a Medium Density Residential Zone, providing ample opportunity for the property to be developed into a commercial asset or kept as a residential investment. The flexibility of the short term residential leases leaves this opportunity open to investors, developers and/or owner occupiers.
Highlights of this property include:
• Internal floor area of 336m2*
• Land area of 597m2*
• Currently tenanted to 5 individual tenants
• Council approvals in place for boarding accommodation
• Medium Density Residential Zone
• Mixed-use area of commercial and residential properties close to the CBD
• Onsite car parking
• Current yearly income of $89,960 (between 5 tenants)
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.
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