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