Emily Pendleton from Ray White Northern Corridor Group is pleased to present to the market 27 Howard Street, Nambour for sale by Private Treaty. This stand alone two-storey Besser brick building situated on 284m2 land provides an opportunity for a savvy investor or owner occupier to purchase a significant freehold property in the heart of Nambour's CBD. The property is multi-tenanted, with popular, well established Silver Phoenix Chinese Restaurant on the ground floor and the upstairs currently has short term leases which allows an owner occupier to purchase, move in and collect the rent from downstairs.
- Land area 284m2
- Building area compromises of 137m2 on the first floor and 137m2 on the ground floor
- Three car parks at the rear with ample on street car parking surrounding
- Currently tenanted to a popular Chinese restaurant on the ground floor on a long term lease and month to month leases for the upstairs offices
- All tenants on very cheap rents, so ability to increase return in future
- Would suit investor wanting to capitalise on the already great return with future development on the site, or owner occupier that wants to occupy upstairs themselves and get the return on downstairs
- Each tenancy is separately metered with 28 solar panels installed on the roof so electricity is in credit
- Huge potential in a mixed use zoning in the centre of town
For more information on this property, or to arrange an inspection, please contact the exclusive marketing agent Emily Pendleton on 0402 435 446.
*Approximate - subject to survey.