7% NET RETURN | $300,000 P.A. NET INCOME | DUAL FREEHOLD INVESTMENT

Emily Pendleton of Ray White Commercial Northern Corridor Group is pleased to present 23 & 27 Mathew Street, Nambour for sale, offering investors an attractive 7% net return underpinned by a secure long-term lease and established tenant.

Generating a strong net income of $300,000 per annum, the property is 100% leased to The Pump House Queensland, pump and irrigation specialists supported by National Pumping and Irrigation, an established national operator with a strong industry reputation.

With the current lease secured until 2029 plus further options, the investment provides immediate and secure income across two adjoining freehold titles, combining an attractive return with substantial underlying land and building improvements.

Positioned within the Nambour CBD, the properties comprise two prominent freestanding commercial buildings with a combined site area of approximately 2,274m2 and approximately 1,450m² of building area.

Key Investment Highlights

• Attractive 7% net return
• $300,000 per annum net income across both properties
• 100% leased providing secure investment income
• Long-term lease secured until 2029 plus further options
• Leased to The Pump House Queensland, supported by National Pumping and Irrigation
• Two adjoining freehold titles offered in one line
• Combined landholding of approximately 2,274m2
• Approximately 1,450m² of total building area
• Favourable Major Centre zoning providing longer-term flexibility
• Prominent position within the Nambour CBD
• Substantial showroom, office, warehouse and workshop improvements

- Property Breakdown

23 Mathew Street
• Approx. 1,578m² site area
• Approx. 1,020m² building area
• High-profile showroom and office with substantial workshop and warehouse
• Crane access, paint booth and fabrication facilities

27 Mathew Street
• Approx. 696m² site area
• Approx. 430m² building area over two levels
• Reception, offices, warehouse and workshop with pump test bay
• First floor comprising boardroom, eight offices and amenities

Offering an attractive 7% net return, backed by $300,000 per annum in net income and a lease extending to 2029 plus options, 23 & 27 Mathew Street presents a compelling opportunity for investors seeking strong income performance.

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