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36 Coronation Avenue
Nambour QLD 4560
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Sold on 18 Sep 2023

36 Coronation Avenue Nambour QLD 4560

  • Shop & Retail
  • 450 m²
  • Sold

Value Add / Development Opportunity on a Prominent Corner Position

  • 2,332m2* of land over 3 titles:
  • Partially leased with income: $50,664pa
  • 1.533sqm* vacant land ready to develop

On behalf of the vendors, Colliers has pleasure in presenting this busy main road strategic holding offering both significant development and rental upside.

Selling in-one-line, 36 Coronation Avenue, Nambour is a prominent corner showroom / bulky goods site with exposure to over 15,000 vehicles per day.

Property highlights includes:
- Zoned Major Centre supporting a variety of uses including hardware and trade supplies, health care, food and drink.
- Development upside with drive-thru capabilities
- Holding income on Lot 1 returning $50,664.60pa + GST (Rate: $112/m2)
- Rental upside market review at option
- Functional existing improvements offering a number of options with a building area of 450m2*
- Total amalgamated site area of 2,332m2*
- Lot 1: 799m2* corner site | Lot 2: 610m2* development site | Lot 27: 923m2* development site

36 Coronation Avenue, Nambour is being offered For Sale for $1,800,000 + GST (if applicable).

To arrange an inspection or request further information please contact the exclusive marketing agents, Daniel Vella & Nigel Irving

*Approx.

Property Highlights

Date Sold18 Sep 2023
Floor Area450 m²
Land Area2,332 m²
ParkingAsk Agent
Property ID2018520600
Category
Last updated  2 Nov 2023
Map for 36 Coronation Avenue Nambour QLD 4560

Property Highlights

Date Sold18 Sep 2023
Floor Area450 m²
Land Area2,332 m²
ParkingAsk Agent
Property ID2018520600
Category
Last updated  2 Nov 2023

Co-Agents

Daniel Vella
Colliers International Sunshine Coast
Call
+61 422 373 990
Nigel Irving
Colliers International Sunshine Coast
Call
+61 437 968 202

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