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40-44 Lowe Street
Nambour QLD 4560
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Sold on 3 Nov 2023

40-44 Lowe Street Nambour QLD 4560

  • Shop & Retail
  • 361 m²
  • Sold

ANCHOR TENANT RENEWED | 100% LEASED CBD RETAIL BUILDING

  • 100% LEASED FREEHOLD
  • 2 X DIVERSE INCOMES
  • FUTURE VALUE-ADD OPPORTUNITY

A single storey, freestanding retail building occupied by two long-term tenants Hammond Optometry and King Kong Sales, both occupying the property for over two decades. The prime retail asset presents an outstanding value-add opportunity in the centre of Nambour.

~ Anchor tenant renewed through to 31 December 2025 + a further 3 year option
~ Total net income $112,778* per annum
~ Outgoings paid by tenant's
~ Fixed and CPI increases annually
~ Real future value-add opportunity

The property is located in a high-profile position, on the southern side of Lowe Street, the main retail street of the Nambour CBD, connecting Nambour Plaza with Currie Street. Nambour, for many years the commercial and business centre of the region, is well serviced by rail and road and lies 14km west of Maroochydore and 100km north of Brisbane.

For Sale $1.4 million

If you would like further details, please contact the joint exclusive marketing agents from CBRE or Century 21 Local Living.

*Approx.
**Image outlines indicative only

CBRE Sunshine Coast
CBRE Sunshine Coast
Level 1, 17 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Date Sold3 Nov 2023
Floor Area361 m²
Land Area430 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018481316
Category
Last updated  2 Nov 2023
Map for 40-44 Lowe Street Nambour QLD 4560
CBRE Sunshine Coast
CBRE Sunshine Coast
Level 1, 17 Duporth Avenue
Maroochydore, QLD 4558

Property Highlights

Date Sold3 Nov 2023
Floor Area361 m²
Land Area430 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018481316
Category
Last updated  2 Nov 2023

Co-Agents

More about 40-44 Lowe Street Nambour QLD 4560

40-44 Lowe Street Nambour QLD 4560 is categorized as Shop & Retail Property. It has a floor area of 361 m² and a land area of 430 m². The listing ID for this property is 2018481316.

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