FOR SALE
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5 Toorbul Street
Bongaree QLD 4507

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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RARE WATERFRONT OPPORTUNITY AVAILABLE

Nestled along the picturesque waterfront of Bongaree, just a stone's throw from the Jetty, stands a truly remarkable establishment that seamlessly marries the charms of coastal living with unparalleled investment potential. Boasting the possibility of dual income streams, this property features a vibrant commercial frontage amidst a bustling array of eateries, creating an atmosphere brimming with life, while its residential quarters, nestled along Toorbul Lane with exclusive private access, offer a serene retreat. You just need to add your finishes.
The residential sanctuary comprises three generously proportioned bedrooms, including a luxurious master suite complete with a built-in robe, expansive ensuite, and abundant natural light. Thoughtfully appointed built-in robes adorn the remaining bedrooms, ensuring ample storage space. A well-designed floor plan effortlessly flows through the lounge and dining areas, fostering a sense of spaciousness and tranquility.
Accessed from a discreet rear street, a double carport, accompanied by additional storage within a secure lockable shipping container, provides designated space for all your belongings, allowing you to fully immerse yourself in the serenity of your surroundings.
Much of the groundwork has been meticulously laid across the entirety of the property, with plaster and framing in place, awaiting only the final strokes of paint to unveil its true masterpiece. Once these finishing touches are applied, you can bask in the satisfaction of this exceptional property, ready to yield its abundant rewards.
An added allure lies within the commercial space overlooking the picturesque Brennan Park. Uninterrupted views serve as a captivating backdrop for patrons, crafting a truly unique ambiance. Presently configured as a cafe kitchen, this versatile space lends itself to seamless adaptation for use as an office, restaurant, or fast-food outlet, presenting boundless possibilities. Complete with dedicated customer toilet facilities, both residential and commercial occupants are afforded privacy and comfort.
This property stands as an ideal opportunity for the discerning investor, poised to capitalize on the burgeoning development of waterfront establishments. Additionally, it presents an enticing prospect for astute investors seeking a dual-income property or individuals contemplating a career transition, offering the chance to reside onsite and chart their own destiny.
For comprehensive details regarding rates, water, and potential returns, seize the opportunity to connect with us today. This exceptional property is poised to capture hearts and minds, and won't linger on the market for long.
DISCLAIMER, Elders Real Estate Woodford/Kilcoy & Bribie Island its directors,
employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries.

Property Details for 5 Toorbul St, Bongaree

5 Toorbul St, Bongaree is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with ELDERS REAL ESTATE WOODFORD/KILCOY & BRIBIE ISLAND.

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About Bongaree 4507

The size of Bongaree is approximately 6.9 square kilometres. It has 17 parks covering nearly 34.8% of total area. The population of Bongaree in 2011 was 6,523 people. By 2016 the population was 6,940 showing a population growth of 6.4% in the area during that time. The predominant age group in Bongaree is 60-69 years. Households in Bongaree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bongaree work in a professional occupation. In 2011, 63.6% of the homes in Bongaree were owner-occupied compared with 64% in 2016.

Bongaree has 5,105 properties. Over the last 5 years, Houses in Bongaree have seen a 62.90% increase in median value, while Units have seen a 78.59% increase. As at 30 November 2024:

  • The median value for Houses in Bongaree is $759,522 while the median value for Units is $603,620.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 11 properties listed for rent in Bongaree on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Bongaree.

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