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  • Sold
Value Add / Development Opportunity on a Prominent Corner Position - #1
Value Add / Development Opportunity on a Prominent Corner Position - #2
Value Add / Development Opportunity on a Prominent Corner Position - #3
Value Add / Development Opportunity on a Prominent Corner Position - #4
Value Add / Development Opportunity on a Prominent Corner Position - #5
Value Add / Development Opportunity on a Prominent Corner Position - #6
Value Add / Development Opportunity on a Prominent Corner Position - #7
Value Add / Development Opportunity on a Prominent Corner Position - #8
Value Add / Development Opportunity on a Prominent Corner Position - #9
Value Add / Development Opportunity on a Prominent Corner Position - #10
Value Add / Development Opportunity on a Prominent Corner Position - #11
Value Add / Development Opportunity on a Prominent Corner Position - #12
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.

Features

Total Area - M
Land area: 2,332sqm*
Zoning
Major Centre Zoning - Development upside
Views
Exposure to over 15,000 vehicles per day
  • 31/10/2023
  • Contact our experts for details on this transaction