45 Main Street, Tamborine Mountain
Sold for $ 542,000
Great position with great returns! Lifestyle - Property ID: 876684
"Rhoda's Place" has a long history and is well known on the mountain for its location since the early 1900's on Main Street.
This business opportunity offers unique scope to secure a strong passive income. Currently the property has three long-term well established leases, each providing a strong return. The three existing leases are returning an annual net of $34,600.
Equally there is an opportunity for redevelopment to provide for new or emerging business opportunities in North Tamborine Village business precinct.
Historic home has original V.J.'s with many characteristics of a classic Queenslander.
- Two bedrooms, sleep-out, central hallway
- Open plan living, dining, kitchen with wood combustion stove
- Bathroom with toilet
- Laundry and back veranda
Small shop - with good local custom, catering for mountain pets
Very small shop - 25-30 m2. Currently well-known Dog Wash.
Love a Mountain life-style with income and redevelopment potential?
Please contact Ton Wolf/Paul Edwards or our office to inspect.
(at least 24 hours' notice to inspect residence)
- Land Size Approx. - 842 m2
- Close to Shops
- Polished Timber Floor
- Garden shed
- slow combustion wood stove
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