Centre Park Arcade is a well-established commercial and retail
arcade centrally located on Nambour’s busy main road. The
building has recently undergone a refurbishment with new
fascia fronting Currie Street and improved shop fronts in the
arcade. The tenancy mix is a mixture of fitness, not-for-profit,
allied health, food, and health and beauty.
Transaction summary
Starting Net Rental Return
$149,971.00
Purchase Price
$2,200,000.00
Purchase Cap Rate
6.80%
Net Income with
Additional Rents
$206,390.00
New Value (Sale Price)
$3,200,000.00
New Yield at Sale Price
6.50%
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