Tamborine Mountain Investment Property
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A Unique Opportunity For The Smart Developer

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Google Maps To view a map showing the location please click here
Living Areas Living room, study & sleepout - tatty but quite liveable
Bedrooms 3 - All VJ Board interiors and hardwood floors
Bathroom & Kitchen Both the bathroom & kitchen are functional but old & dated
Land size & grounds   2,023 square metres with 41.8 metre frontage to Main Street

This outstanding development site is located within the “Village Area” designation under the Tamborine Mountain Development Control Plan and is perfectly suited for any form of commercial development in keeping with that designation. All of Main Street is included in this designation and encompasses everything from service stations through to supermarket as well as licensed restaurants and professional suites. Commercial space is always in demand on Mt. Tamborine due to the long term undersupply created by Beaudesert Shire Council’s failure to adequately provide for population growth.

The land is clean bar the 80 year old house plonked in the middle of the block and just a couple of trees while there is some vegetation around the fenceline which can be easily cleared where desired. With its 41.8 metre street frontage this site is ideal for a wide fronted development for good exposure while the topography indicates a very easy, hassle-free building site with minimal drainage problems.

The house is well worn, but still appears to be in good solid condition. It has all the expected features of a home of that age including high ceilings and VJ Board interiors. There are just 3 options with the house: demolish (maybe not the best financial choice), include in the development or move to an ordinary residential site and refurbish. It would appear to ideally lend itself to the refurbishment option.

Positioning here near where Main Street merges into Knoll Road and right next door to the Tamborine Mountain Police Station is ideal for what ever type of commercial infrastructure the developer chooses. Tenants will have no fears about security for their businesses with the police being right next door. One thought would be the development of a full medical centre here with ample off-street parking available.

Whatever the buyer chooses to do with the site, including holding onto it and continuing to get a small income from residential rental, there is only one way the value of this property can go, and that is UP!

A Very Good Investment Property @ $529,000

Inspection By Appointment Only

To arrange your personal inspection please e-mail BARRY click

For Service With A Smile

phone Barry Chick on 07 5545 1800 / 04 1887 6191

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Lane Realty
For Service With a Smile
Shop 10, Tamborine Plaza, Beacon Road,
North Tamborine, Queensland, Australia 4272
Phone61-7-55451800 Fax 61-7-55452747 emailinfo@lanerealty.com.au

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Last updated 23 June, 2009