MULTI-TENANTED MAIN STREET INVESTMENT SUNSHINE COAST
Emily Pendleton and Abi Rowlands from Ray White Commercial Northern Corridor Group are delighted to present the opportunity for you to acquire the freehold interest in 70-76 Currie Street, Nambour.
Introducing Centrepark Arcade, a well-established commercial and retail haven nestled in the heart of Nambour's vibrant CBD. This architectural gem comprises 14 tenancies, featuring four facing Currie Street, eight within the arcade, and two on the first floor. Recently revitalised with new facades along Currie Street and enhanced shop fronts within the arcade, this property is meticulously prepared for your consideration. Boasting a diverse tenant mix, including government, not-for-profit, allied health, professional services, food, and health and beauty tenants, Centrepark Arcade is a testament to successful curation.
Key Property Highlights:
• 14 tenancies, encompassing a total NLA of 1,182m2*
• Positioned on a generous 1,404m2* parcel of land
• Impressive 25m frontage to Currie Street
• Convenient access to 14 exclusive rear car parks via the laneway
• Current net rental of $295,019 per annum
• Long-term tenants in place, ensuring stability
• Substantial potential for rental growth with future options
• Low maintenance property, all upgrades and improvements completed
• Zoned Major Centre Zone
This offering provides a unique opportunity to invest in a meticulously maintained property with a lucrative rental history and significant potential for future growth. For a deeper understanding of this exceptional property, please do not hesitate to reach out to the market agents.