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CBRE - Sunshine Coast

40-44 Lowe Street Nambour, QLD 4560

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40-44 Lowe Street,
Nambour, QLD 4560

Shops & Retail • Medical & Consulting

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CBRE - Sunshine Coast
Louisa Blennerhassett
Ryan Parry

CBRE - Sunshine Coast

Level 1/17 Duporth Avenue
MAROOCHYDORE, QLD 4558
CBRE - Sunshine Coast
40-44 Lowe Street
Nambour, QLD 4560

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ANCHOR TENANT RENEWED | 100% LEASED CBD RETAIL BUILDING

  • 100% LEASED FREEHOLD
  • 2 X DIVERSE INCOMES
  • FUTURE VALUE-ADD OPPORTUNITY
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

Property ID: 504302996Last Updated: 2 Nov 2023

Century 21 Living Local
2/18 Blackall St
WOOMBYE, QLD 4559
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