Over $100,000 Instant Equity Nambour - 2 Lots & Designs

Nambour was once the Sunshine Coast’s thriving major business centre. It was the administrative centre for the region, and was home to its largest hospital and government offices. But once the sugar mill closed and the Government offices moved location the population growth centred more around the beach side suburbs and Nambour became a quiet hilltop suburb. Still home to the Hospital and the only public maternity ward on the Coast.

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But its fortunes have been changing over the past few years and Nambour’s popularity is thriving once again. Nambour boasts one of the Coast’s highest densities of schools with 11 in the area and is on the main train line to Brisbane. The past three years has seen major developments of Coles and Aldi and Nambour Alliances implementation of creative commerce to fill empty shop fronts with a host of new businesses, restaurants, bars and cafes.

Due to this explosion of new business the hinterland now has one of Queensland’s tightest vacancy rates at only 0.9% and highest yields, meaning its highly attractive for investors.

Nambour is only a 20-minute drive to where SunCentral (the new state-of-the-art city centre in Maroochydore) is being built. This massive game-changing project will create 30,000 jobs and change the face of The Sunshine Coast.

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We currently have 2 duplex properties offering investors an opportunity to get in front of the game and create equity even without growth. They are purchased as a standard house and land package but all costs to individually title each side are included in the build contract. So this is like doing a small development but without the stress or risk involved, the builder does it all for you.

The value on completion for each side of the duplex has been appraised between $370,000 and $400,000, meaning they will have instant equity of up to $120,000. The cherry on top is that they should also be highly cash flow positive.

These packages are fully turnkey with inclusions such as an attractive facade, quality landscaping package, stone bench tops, down lights throughout, air-con to master and living, roller blinds etc.

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Lot 2 Elizabeth Street, Nambour – $683,500

Build – 274sqm – $453,500

Land (Stage 1) – 802sqm – $230,000

Builder: Murphy Projects

Each Unit has: 3bed/2bath/SLUG

Land registration due Jan/Feb 2017

Rental Appraisal: $400-$430pw each site (combined rental of $800-$860pw)

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Lot 4 Elizabeth Street, Nambour – $675,500

Build – 285sqm – $445,500

Land – 800sqm – $230,000

Builder: Murphy Projects

Each Unit has: 3bed/2bath/SLUG

Land registration due Jan/Feb 2017

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3 + 32 + 2Double + Double
Property Features
  • 3 + 3 bed
  • 2 + 2 bath