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CBRE - Sunshine Coast

8 Court Road Nambour, QLD 4560

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8 Court Road,
Nambour, QLD 4560

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land

Price information

Sold

$5,000,000

Key property information

Land area

Floor area

Tenure type

Sold on

CBRE - Sunshine Coast
Jack McCormack
Matt Marenko

CBRE - Sunshine Coast

Level 1/17 Duporth Avenue
MAROOCHYDORE, QLD 4558
CBRE - Sunshine Coast
8 Court Road
Nambour, QLD 4560

Map of 8 Court Road

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Diverse Investment with Seven Tenancies and Development Upside

  • 7 Separate Tenancies
  • High Profile Anchor Tenant
  • Residential Development Upside
Exceptional investment opportunity to secure a freestanding property with seven separate tenancies and a diverse mix of tenant including Rexel Electrical Supplies as the anchor tenant.

The property also features long term development upside with plans to build a 33 townhouse complex with a total of 80 bedrooms. A full set of plans, reports, and supporting information regarding the progress of the approval are available.
Investment Highlights:

~ Current income of $401,146.69pa plus GST and Outgoings (potential $419,146) plus additional GFA to unlock

~ 6 of the 7 tenancies are leased

~ Tenants include Rexel Electrical Supplies, Harvey Norman, Showcase Interiors, Lined Electrical, Amani Equipment and Luxe Cars

Property Features:

~ Freestanding building of approximately 4,047sqm on a site of 7,517sqm

~ Recently refurbished into 7 tenancies with extensive upgrades to the building

~ Diverse tenancy mix of showroom, warehouse, office and hardstand

The property is located within walking distance to the Nambour CBD on the corners of Court Road and Reilly Road with driveway access via both roads.

The property is being sold via Expressions of Interest.

Inspections are available by appointment only.

For further details including a detail Information Memorandum contact exclusive agents Matt Marenko or Jack McCormack for further details.

*Approx
**Outline Indicative Only

Property ID: 504669620Last Updated: 24 Oct 2024

CBRE - Sunshine Coast
Level 1/17 Duporth Avenue
MAROOCHYDORE, QLD 4558

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