AUCTION 4th of May
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81-83 Coronation Ave, Nambour QLD 4560

House
633
Block size: 836 m² approx.

Two Blocks for the Price of One High Yield Investment on the Sunshine Coast

Introducing 81-83 Coronation Ave, Nambour QLD 4560: Your High-Yield Investment Opportunity

Get ready to seize an exceptional investment opportunity in the heart of Nambour, Queensland! This property promises an exciting return on investment with its three well-maintained 2-bedroom units, each contributing to a lucrative rental income stream. Unit 1, currently leased at $365 per week, leads the pack in rental income, closely followed by unit 3, appraised at an impressive $370 per week, and unit 2, providing a steady $330 per week.

Located at 81-83 Coronation Ave, Nambour QLD 4560, this property spans an expansive 836m2 block, further subdivided into two separate lotslot 24 and lot 25, each measuring 416m2. This unique offering includes not just a piece of real estate but a Sunshine Coast Development Site, sold with the added advantage of two titles, making it an excellent prospect for astute investors and developers.

But what truly sets this property apart is its strategic location in Nambour, a town poised for exponential growth within the Sunshine Coast region. As property analysts suggest, the Sunshine Coast is the next frontier for growth in Queensland, and Nambour stands at the forefront of this burgeoning wave of development opportunities.

· Property at 81-83 Coronation Ave, Nambour QLD 4560, offers three 2-bedroom units with high rental income potential.

· Unit 1 currently rents for $365 per week, unit 2 for $330 per week, and unit 3 is appraised at $370 per week.

· The property spans an 836m2 block divided into two lots (lot 24 and lot 25), offering development opportunities.

· Located in the heart of Nambour on the Sunshine Coast, it's close to schools, public transport, and shopping centers.

· The Sunshine Coast is a hot growth area in Queensland, with Nambour identified as a key development opportunity.

· Nambour offers an excellent lifestyle, with proximity to beaches, the hinterland, and Brisbane CBD.

· The property is zoned as Medium Density Residential, ideal for low to medium-density residential development.

· Nambour's revitalized town centre features a thriving café culture and first-class amenities.

Nambour, with its population of over 80,000 people, is uniquely positioned to offer investors an exceptional lifestyle and growth potential. A mere twenty-minute drive takes you to the stunning beaches of Caloundra or Maroochydore, while Noosa is just 30 minutes away. For those who appreciate the hinterland's charm, it's a short 45-minute journey to the region's scenic wine areas. And for city access, Brisbane CBD is less than an hour's drive away, making Nambour an attractive proposition for both residents and tourists alike.

Additionally, Nambour serves as the gateway to the Sunshine Coast Hinterland tourist drive, enhancing its appeal as a burgeoning tourist destination. The town boasts a range of top-notch educational institutions and sporting facilities, all conveniently located within a 4 km radius. The recent revitalization of Nambour's town centre has fostered a vibrant café culture, ushering in a slew of first-class restaurants and unique shopping centres.

The property's zoning as Medium Density Residential aligns perfectly with the town's development goals, enabling low and medium-density residential activities, primarily in a low-rise format. This zoning accommodates multi-unit residential uses, primarily for permanent residents, supplemented by essential community services and facilities designed to cater to the local population.

The opportunity of the year - 81-83 Coronation Ave, Nambour QLD 4560, represents a golden opportunity for investors seeking high-yield returns and long-term capital appreciation. With a trio of well-maintained rental units and a strategic location within the Sunshine Coast's next growth corridor, this property is poised to become a cornerstone of your investment portfolio. Don't miss out on this chance to secure your stake in one of Queensland's most promising regions.

Inspections

No open inspections scheduled.

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Contact Stephen Colasimone to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
3
Garage Spaces:
3
Property type:
House
Block Size:
836 *

Other Details

Lot:
24
Plan Type:
RP
Plan:
40851
Legal description:
24/RP40851
Blue Moon Property | Nambour Office

Maps and area information

Block information
Block size: 836 (approx)
Legal description: 24/RP40851
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

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Nambour suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
12,145
Listing ID: 182187149. This listing has been viewed 33 times. It was first displayed on 29/12/2023 and last updated on 05/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.