379-385 Long Road, Tamborine Mountain QLD 4272
Strategic Investment. Possibility for joint venture! Land - Property ID: 923626
Take advantage of the unique approvals in place that cannot be replicated on this 4 acre property;
Approval in place for 13 holiday cottages plus a 350 sqm Manager's residence right in the heart of Tamborine Mountain or alternatively, a Conference, Function, Wedding venue with multiple accommodation possibilities to take advantage of this tourist mecca.
Located adjacent to tourist attractions, vineyards, restaurants, the booking demand will be high ensuring an excellent gross income anticipated of $500,000 plus per annum.
Opportunity to capitalise from the strong demand for Tamborine Mountain wedding accommodation and holiday bookings. Benefit directly from Regional Council's Infrastructure Agreement for the Jobs Jump Start program, making this a one-off investment that will appeal to the astute investor.
The experienced owners/developers would consider a joint venture in which they will put up the land and project manage the development. A prospective buyer would have to put up the funds to finance the buildings. After finalizing the development the owner can stay on for a few years until a new owner is confident to take over.
The project can start immediately as all Council approvals are in place.
- Strategic location with no competition
- Projections will ensure excellent return on investment
- 4 near level acres
- Excellent bore providing potable water
- Fully fenced
Call Paul Edwards or Ton Wolf for further information.
- Land Size Approx. - 1.58 hectares
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