Prime block, corner Currie & Howard streets, for sale
The tenancy is a mixture of personal and professional services, retail and food businesses.
A freehold property on a corner block in the heart of Nambour CBD is up for sale offering exposure to both Currie & Howard Streets.
Emily Pendleton from Ray White Commercial Northern Corridor Group said 103-105 Currie Street and 13-15 Howard Street, Nambour was for sale by private treaty for offers over $4 million.
The property includes two buildings with 15 tenants with a total net lettable area of 1508m2. The lettable space is split over two levels including ground-floor retail and a basement which currently houses Nambour Book Exchange.
The tenancy is a mixture of personal and professional services, retail and food businesses.
“The property offers huge upside potential being on a corner block with the ability to build up to 25 meters in the town centre zoning,” said Emily.
“This is a really exciting opportunity to secure such a prominent corner freehold in Nambour. I have looked after the leasing on this property for over 10 years and we always lease up any vacancies quickly as the shops are small and there are always tenants looking for these sizes. There is ample development upside and it is currently returning $236,083 per annum net.”
• Phone Emily on 0402 435 446.