Colliers is pleased to present 18-20 Lamington Terrace, Nambouran outstanding opportunity to acquire a substantial freehold asset offering an income stream with further rental upside / owner occupier potential and additional future development potential.
Property breakdown:
- 18 Lamington Terrace 810sqm* with an established commercial property leased to Nunyara Mental Health and Disability Pty Ltd, generating a solid rental income of $1,000 per week.
- 20 Lamington Terrace 810sqm* with a residential dwelling, currently vacant, offering flexibility for future use or redevelopment.
Key features include:
- Total site area: 1,620sqm* across four lots
- Zoning: Medium Density Residential
- Holding income: Secure lease in place with upside potential
- Prime location: Close to Nambour's town centre, amenities, and transport links
- Flexible options: Ideal for investors, business owners / residential owner-occupiers, or developers.
Located in the heart of Nambour, this property presents a rare chance to secure a quality investment with immediate cash flow and the added advantage of future development potential.
For Sale: Offers over $1,175,000 + GST (if applicable)
For more information or to arrange an inspection please contact Daniel Vella & Ferdinand Braeutigam.
*Approx.