16 Grandview Rd, Balmoral Ridge is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 4559m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Rarely do we come across a magnificent property like 16 Grandview Road that has several uses. Currently as an AIRBNB with ability to return over $1000 per week. However the cottage seperate to the main dwelling could double as a granny flat, teenagers retreat or a home business (see plans).
The main house features 4 bedrooms, 2 bathrooms, a media room and two seperate living areas. Currently a perfect configuration for a BNB, however would also have a healthy return as single tenants rental from an investors point of view. The original garage is built in and like new with power ideal for a home office or separate living quarters. All of this set on an acre and a quarter, with stunning views over the neighbouring lake. Situated in a quiet, private culdesac about 3 km from Maleny township and Schools. On the preferred eastern side of Maleny.
The size of Balmoral Ridge is approximately 9.5 square kilometres. It has 3 parks covering nearly 1.6% of total area. The population of Balmoral Ridge in 2011 was 280 people. By 2016 the population was 286 showing a population growth of 2.1% in the area during that time. The predominant age group in Balmoral Ridge is 60-69 years. Households in Balmoral Ridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balmoral Ridge work in a managers occupation. In 2011, 76.3% of the homes in Balmoral Ridge were owner-occupied compared with 74.5% in 2016.
Balmoral Ridge has 162 properties. Over the last 5 years, Houses in Balmoral Ridge have seen a 85.16% increase in median value, while Units have seen a 63.81% increase. As at 31 October 2024:
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