7 Nambour Pl, Montrose is a 4 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1971. The property has a land size of 1204m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in December 1994.
An opportunity is available to acquire four quality units together, each with a sizable land area and individual title.
Units 1-4 are positioned at the end of the cul-de-sac providing easy access to the expansive site and the two main buildings which contain the four residences.
The solid brick buildings, 104m2 each in size, offer two conjoined one-bed one-bath units per structure with mirrored floorplans, 49m2 each in size. Respective units are configured as an open living room with suitable kitchen, combined bathroom and laundry, plus one spacious bedroom.
The residential land area allocated for each title is generous, with sizes offered; Unit 1 (338m2), Unit 2 (200m2), Unit 3 (239m2), Unit 4 (376m2) plus the Common Area (51m2) positioned at the front of the holding.
The site offers off-street parking for all units however, the central dual carport joining the two buildings benefits the titles of Unit 2 and Unit 3 only. The small sheds and rear fencing belong to the tenants and are not fixed.
The four one-bedroom units are currently fully occupied and have been providing a steady income for many years however, two units will become vacant in the short-term which may suit reletting or individual sale.
This opportunity delivers a rare four title holding with steady income, growth potential, relet and resale options, and or further development (STCA). So dont miss your chance to acquire this premium investment.
Key attributes:
Four one-bed one-bath units
Four individual land titles
Strong income potential
Options to increase return and profit
Large overall level landholding yet maximised
Close to schools, amenities and services
Zone, 8.0 General Residential
Please note: An information memorandum detailing the acquisition is available. Some images have been digitally edited.
The size of Montrose is approximately 2.9 square kilometres. There are 6 parks, covering nearly 2.2% of the total area. The population of Montrose in 2016 was 2152 people. By 2021 the population was 2313 showing a population growth of 7.5% in the area during that time. The predominant age group in Montrose is 30-39 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a community and personal service occupation.In 2021, 68.60% of the homes in Montrose were owner-occupied compared with 70.80% in 2016.
Montrose has 1,112 properties. Over the last 5 years, Houses in Montrose have seen a 33.55% increase in median value, while Units have seen a 26.15% increase. As at 31 May 2026:
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