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Like No Other Street In OLD Eagle Heights

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Living Areas Open plan living opening to front deck plus rumpus / guest sleeping on upper level
Outdoor Living Front deck plus old timber decks on upper level
Bedrooms 3 bedrooms - ample built-ins in big main bedroom
Bathrooms One very old & tired bathroom with shower only plus separate toilet
Heating / Cooling Ancient wood heater in nice brick surround
Car Accommodation   Covered accomm. for 3 cars plus very large steel shed
Land size & grounds   2 titles with 29 metre street frontage totalling 2,026 square metres - huge trees, lovely shrubs & some lawns all in need of a major clean up - water well

Lane Realty has Exclusively Listed this superbly positioned land and its older style home in beautiful, densely treed Palm Grove Avenue, a prime location in OLD Eagle Heights. Palm Grove Avenue is a very short little court running down to one of the 2 entrances into magical Palm Grove National Park. This is the first time this property has been offered for sale in 43 years. The very heavily treed property (mainly rainforest and ornamental trees) with 29 metre street frontage did have grand views to the Gold Coast, but massive rubber trees in the front garden now completely hide those quite panoramic views that were originally there. Those rubber trees need to be given the royal order of the boot! The photo from street level catches just a small view, but the land rises gently from the street and the home is elevated, indicating that a far wider view including Gold Coast night lights is there, just waiting to be opened up again.

The 3 bedroom house with open plan living room and rumpus / guest bedroom on the upper level is just as it was in the late 1960s after being purchased, extended and renovated by the current seller who is no longer able to live there or care for it. The elevated solid brick base looks as good as the day it was built, but the house is run tired and has lots of fibro in it. We suspect that the frame is built of hardwood, which was typical of that era, but nothing short of a complete gutting is needed to bring the house back to life. The rarity of the position coupled with the views makes restoration well worthwhile or the alternative of total removal with a grand new home replacing it.

The property includes a lock-up garage on concrete under the northern end of the house, a separate carport with adjoining storage and an extended double carport to the left of the house and at least a double garage sized steel shed in the back garden. It also includes a water well which almost certainly supplies potable water to the house and garden. The garden is madly overgrown and will require lots of attention including some robust tree removal, but it will soon regenerate to its earlier beauty as the land is all very fertile red volcanic soil.

While nobody will buy the property just for the structures, many will certainly be interested in buying here for the unique position it offers and the very rare opportunity to move into this much loved little street where you are just a couple of minutes walk from the entrance into one of Tamborine Mountain’s most loved National Parks as well as about a 10 minute walk from the Eagle Heights shops and Gallery Walk. Of course having 2 titles that combine to make a full ½ acre is very much an added bonus in a residential area like this and it may well appeal to a developer. The value people place on this location can be gauged by the current UCV which is $490,000 on the land that has been amalgamated into a single block for rating purposes only (to makes the total rates paid lower) but is still in 2 titles.

So, brave the inclement weather and arrange your appointment to inspect this property before someone else beats you to this Lost World of opportunity where the improvements you do will richly reward you in the years ahead.

Inspection By Appointment Only ... $499,000 (FIRM)

e-mail MARILYN to claim this UNIQUE position in Palm Grove Avenue click

For Service With A Smile

phone Marilyn McPhail on 07 5545 1800 / 04 1774 0406

 * Copy of Sustainability Declaration available at Lane Realty


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For Service With a Smile
Shop 10, Tamborine Plaza, Beacon Road,
North Tamborine, Queensland, Australia 4272

Phone61-7-55451800 Fax61-7-55452747 emailinfo@lanerealty.com.au
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Last updated 21 January, 2011