Fresh vision for C-Square as Investor sees looming potential in Nambour CBD
C-Square is an approximately 7000m2 site in the heart of Nambour with 9336m2 of lettable area over three floors with 175 car parks.
The new owners of Nambour’s iconic C-Square office and retail property hope to take advantage of what they predict will be a resurgence in the former sugar town.
Sandran Property Group managing director William Phillips said his company looked forward to being part of the positivity and rebirth of the town by refurbishing C-Square office spaces and bringing jobs and life back to Currie Street and the CBD.
“Sandran’s had 25 years experience in owning and re-positioning properties and in construction,” Mr Phillips said. “So this is not new or uncharted territory for us in the sense of re-positioning this property. We have a long history with government tenants throughout all of Australia. And we’ve owned other property in Nambour for over 10 years.”
Mr Phillips said everyone in Nambour was keen to attract employment and new commerce. “But you’ve got to provide the tenancies that are fit-for-purpose, whether that’s small, medium or large business. It’s a challenge, and the current stock needs to be re-positioned to achieve that and attract major tenants.”
Mr Phillips envisioned a very strong future for Nambour especially given recent signs of population growth. “Nambour has a city centre,” he said. “It has a main street. And it has a history. It’s got character, it’s got people, it’s got community, it’s got a heart, which is what everyone wants. We just need to re-energize that, as a community, to be able to draw employment, attract people, and give people opportunities that allow Nambour to continue to flourish with the growth in population.”
Mr Phillips said business confidence in Nambour had been buffeted in recent decades prompting an “exit strategy” from bigger organizations but he hoped his company could help turn the tide of office workers.
“Developments or refurbishments like ours will help give people confidence. It’s about bringing people together to bring employment back, to give people confidence that they can start their own small businesses and succeed.
“Our view for this property, is that we may be a catalyst for change, in the sense of bringing jobs, bringing social and economic benefits, so that people can work, live and play in a fantastic environment.
“Nambour needs to re-cement itself as a place to be connected. And this building at C-Square really is at the heart of Nambour, in terms of the train, the bus interchange. And it does have the benefits of parking, office and retail, so it’s a fantastic opportunity, along with the rest of Nambour.”
About C-Square
C-Square is an approximately 7000m2 site in the heart of Nambour, with 9336m2 of lettable area over three floors with 175 car parks. It backs on to Nambour Railway Station and the Bus Interchange.
The area occupied by C-Square was once known as Station Square, housing the original Nambour Town Hall back in 1913. In 1920, the Prince of Wales took a trip to Nambour to express his gratitude to World War I soldiers and their families. This occurred right in the Station Square and was attended by over 2,000 people.
The buildings experienced many changes over the next few decades: fires, replacements, establishing new buildings, and ongoing revitalisations.
By 2015, the complex was renamed C-Square (formerly Centenary Square) marking the 25th anniversary of the building’s first opening, which took place in 1990. Today, it serves as a vital landmark in the local CBD district, servicing retail and commerce sectors.