To the locals, this is the "last block you will ever need." Situated in a prime, central location opposite Nambour State College and within walking distance to all public transport, shops, and the town centre, 12-14 Carroll Street, Nambour, offers a once-in-a-lifetime opportunity to own a true blue chip investment.
Investors, developers, and astute buyers often spend years piecing together boutique residential holdings, slowly acquiring units one by one. However, the hard work has already been done for you here. We are proud to present the complete package - all 8 flats on a substantial 1,148sqm parcel of prime real estate, available for transfer in one seamless transaction.
This meticulously maintained block is a unique offering in a highly sought-after location. The property features 16 bedrooms, 8 bathrooms, and 8 secure car spots, with each flat designed to maximise tenant comfort and appeal. Every flat is equipped with new air conditioning systems, large kitchens, and a modern layout with tidy finishes.
The figures you want to hear! Currently generating a robust rental income of $170,560 per annum, with a recent appraisal projecting potential returns of $187,000 to $208,000 per annum, this property is a low-maintenance, high-income asset ready to enhance your portfolio.
The value of this property extends beyond its immediate returns. Nambour is on the rise, rapidly developing into a central hub on the Sunshine Coast. As the area continues to grow, the demand for quality rental properties in such a prime location will only increase.
Whether you choose to hold the property as a long-term investment or explore redevelopment opportunities, this is an asset that will continue to appreciate in value. And with no body corporate fees, you have complete flexibility and control over your investment.
Opportunities like this don't come around often. Secure this first-class asset today, and watch as the potential unfolds over the coming years.
Features at a glance:
• Complete Block of 8 Flats
• Prime Location: Opposite a school and within walking distance to public transport, shops, and the town centre
• Modern Amenities: New air conditioning systems, large kitchens, and tidy finishes in every flat
• Secure Parking: Under-building car park with one allocated spot per flat
• Generous Land Size: 1,148sqm of prime real estate
• High Rental Income: $170,560 per annum, with potential for up to $208,000 per annum
• No Body Corporate: Full control and flexibility
Don't miss out on securing this rare, high-value investment opportunity. Contact Ryan Aldred today on 0418 849 558 to arrange your inspection and take the first step towards owning the last block you'll ever need.
Auction: Sunday 22th September - Registration Open from 9am
Venue: Mercedes-Benz Sunshine Coast - 65 Maroochy Blvd, Maroochydore
