FOR SALE
Offers Over $799,000

12 North Street
Tamborine Mountain QLD 4272

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1133m2
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Versatile Property with Outstanding Potential

This property represents an exceptional investment opportunity, featuring a highly desirable location and significant potential. Situated just a short walk from town, this 1138m² flattish block is a rare find in the area. The property includes two units with an estimated rental income of $680 per week, but its prime location also makes it ideal for Airbnb or short-term holiday rentals.
Use it to generate income while enjoying the flexibility of a versatile asset that you could redevelop later.
Property Highlights:
Prime Location: Short walk to town amenities, reducing the need for a car.
Expansive Land: 1138m² flat block-ideal for future development or as a land bank.
Strong Rental Income: Estimated $680 per week for long-term rental; excellent potential for short-term holiday letting.
Unit 1 Features:
Lounge Room: Equipped with air conditioning and a wood stove for year-round comfort.
Patio: North-facing, sunny, and covered-perfect for relaxing.
Main Bedroom: Features a wall of robes and access to the rear garden.
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Property Details for 12 North St, Tamborine Mountain

12 North St, Tamborine Mountain is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1133m2. The place is currently for sale with Ray White Rural Tamborine Mountain.

Building Type
House
Land Size
1133m2

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About Tamborine Mountain 4272

The size of Tamborine Mountain is approximately 42.5 square kilometres. It has 29 parks covering nearly 16.1% of total area. The population of Tamborine Mountain in 2011 was 7,030 people. By 2016 the population was 7,498 showing a population growth of 6.7% in the area during that time. The predominant age group in Tamborine Mountain is 60-69 years. Households in Tamborine Mountain are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tamborine Mountain work in a professional occupation. In 2011, 77.1% of the homes in Tamborine Mountain were owner-occupied compared with 79% in 2016.

Tamborine Mountain has 4,076 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 90.81% increase in median value, while Units have seen a 42.02% increase. As at 31 August 2024:

  • The median value for Houses in Tamborine Mountain is $1,038,514 while the median value for Units is $802,963.
  • Houses have a median rent of $720 while Units have a median rent of $455.
There are currently 98 properties listed for sale, and 12 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Tamborine mountain.

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Emma Hawker
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Steve Forbes
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Ray White Rural Tamborine Mountain
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