FOR SALE
Auction

930 Tamborine Oxenford Road
Wongawallan QLD 4210

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 4ha
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Auction Time
Mon 27 Jan 10:00 am
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No upcoming inspections scheduled.
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Prime Freehold Investment - Bamboo Down Under

RWC Gold Coast are thrilled to present 930 Tamborine-Oxenford Road, Wongawallan for sale by Public Auction. The property presents a rare chance to secure a thriving business and valuable real estate asset with a reliable, long-term tenant and substantial investment.
Situated on two titles, the expansive 4.12 ha* property features over $1 million in recent infrastructure upgrades to ensure modern, well-maintained facilities. The well-established tenant Bamboo Down Under, Australia's largest bamboo wholesale and retail supplier, has flourished on this site for over 21 years.
Key Property Features:
• Strong net income of $314,700* p.a. + GST
• Triple net lease with options through to 2048 - Currently 1.5 years into a 10-year term, with 3 x 5-year options until 2048
• Expansive 4.12ha* property over two titles
• Two residences and four separate water sources (two drinkable spring water bores)
• Approximately 90 years remaining on the license to irrigate from the creek, plus a recycling water plant that captures irrigation run-off and rain water
• Strategic location on a high-traffic road leading from the heart of the Gold Coast to the popular tourist destination of Tamborine Mountain
• Easy accessibility to the M1 and strong visibility to over 75,000 cars* weekly
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Property Details for 930 Tamborine Oxenford Rd, Wongawallan

930 Tamborine Oxenford Rd, Wongawallan is a 3 bedroom, 2 bathroom AcreageSemi-rural. The property has a land size of 4ha. The place is currently for sale with Ray White Southport.

Building Type
AcreageSemi-rural
Land Size
4ha

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About Wongawallan 4210

The size of Wongawallan is approximately 32.9 square kilometres. It has 10 parks covering nearly 5.2% of total area. The population of Wongawallan in 2011 was 1,103 people. By 2016 the population was 1,253 showing a population growth of 13.6% in the area during that time. The predominant age group in Wongawallan is 40-49 years. Households in Wongawallan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wongawallan work in a professional occupation. In 2011, 84.6% of the homes in Wongawallan were owner-occupied compared with 87.1% in 2016.

Wongawallan has 593 properties. Over the last 5 years, Houses in Wongawallan have seen a 81.69% increase in median value, while Units have seen a 22.97% increase. As at 30 November 2024:

  • The median value for Houses in Wongawallan is $1,511,652 while the median value for Units is $623,294.
  • Houses have a median rent of $1,473.
There are currently 17 properties listed for sale, and no properties listed for rent in Wongawallan on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Wongawallan.

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Greg Bell
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Ray White Southport
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