33-35 Main Street, Tamborine Mountain
Sold for $ 650,000
Redevelopment opportunity in the heart of North Tamborine House - Property ID: 864508
Land bank now and collect 50K rent per year in the meantime or redevelop this sensational 1800m2 opportunity in the heart of North Tamborine.
Currently zoned Residential A (550) with a land use of Professional Offices. There is scope for further development at the back of the property depending on council approvals.
What an opportunity here!! An amazing piece of flat land in the middle of town with front, side and rear access and so much potential. Currently there are 2 buildings, a commercial office building and an old historical Queenslander with a separate unit. All 3 have long term tenants who are happy to stay.
This brick and steel roofed building, built in 1994, features formal entry with waiting area, 3 private offices and a good-sized staff office area, large storage room, kitchenette and toilet, high ceilings and quality built-in furniture in the director's office.
House and unit:
Historical Queenslander, which needs TLC to bring it back to its original glory but, it could be worth it as it's an original beauty around 90 years old. Alternatively, it may be replaced by something more contemporary.
The house is a good size, full of character and consists of a large family kitchen, 2 living rooms plus several extra rooms, 2 good-sized bedrooms, large bathroom and separate toilet. Separate but attached to the original building is a unit, which is around 30 years old and built in the same style. This unit consists of a kitchen, bathroom, living, 1 bedroom, veranda and stairs leading to the downstairs laundry. A double lock-up garage completes the ground floor level of this unit.
- Flat backyard with road access from both the side and rear
- Concrete water tanks 2x 31,000 litres and 1x 8000 litres
- Sewerage system already in place for redevelopment purpose
Don't miss this once in a lifetime opportunity and call Ton or Paul for an early inspection to view this property.
- Land Size Approx. - 1812 m2
- Built-In Wardrobes
- Close to Shops
- Formal Lounge
- Separate Dining
Office & Agent Details
Kendall Real Estate
- 10-12 Main Street
North Tamborine QLD 4272
- E: email@example.com
- P: 07 5545 5000
- F: 07 5545 5050