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Description: Step inside this charming Queenslander at 15 Magnolia Street, Nambour, and discover a rare combination of character, versatility, and investment appeal. Set on a generous 951 sqm block, this property captures the essence of old-world charm-with soaring ceilings, warm timber finishes, and classic detailing-while offering the practicality of three fully self-contained residences under one roof.
Currently configured as a triplex and fully tenanted with a strong combined rental return of $1,265 per week, this home delivers both immediate income and long-term potential. Each unit includes its own kitchen, bathroom, laundry facilities, and living space, making it ideal for extended families, multi-generational living, or savvy investors seeking strong yields. With leases secured into 2026, peace of mind comes built in.
Beyond its income-producing ability, the home offers outstanding future value. The expansive block allows room for landscaping, entertaining, or even a secondary dwelling (STCA). Its central Nambour location places you close to schools, shops, and public transport, while families will appreciate the proximity to Burnside State School and Nambour State College. For commuters, easy access to the Bruce Highway and Sunshine Coast beaches makes everyday living a breeze.
Inside, the home retains its original charm with timber floors, high ceilings, and light-filled living areas that add warmth and a sense of space. Plus, there's off-street parking for multiple vehicles.
Features at a Glance
Unit 1 - $450/week
• 2 spacious bedrooms
• Renovated bathroom
• Soaring ceilings & warm timber feature walls
• Open-plan living/dining
• Well-appointed kitchen with ample storage
• Separate laundry + storage area
• Single carport
• Lease secured until May 2026
Unit 2 - $435/week
• 2 bedrooms
• Timber floors, high ceilings & classic charm
• Kitchen/dining combo
• Off-street parking
• Lease secured until March 2026
Unit 3 - $380/week
• 1 bedroom
• Open kitchen/dining with ample cupboard space
• High ceilings, timber walls
• Separate laundry + storage
• Off-street parking
• Lease secured until January 2026
Whether you're seeking a reliable investment, a property to accommodate extended family, or a landbank opportunity for future development, 15 Magnolia Street is a rare find. Combining immediate cash flow, character, and growth potential, this is a property that ticks all the boxes in one of Nambour's most convenient locations.
*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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