OFF MARKET

961 Eatons Crossing Road
Draper QLD 4520

Bedrooms: 9
Bathrooms: 8
Car spaces: 4
Land area: 10250m2
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Property Details for 961 Eatons Crossing Rd, Draper

Building Type
Commercial
Year Built
1991
Land Size
10250m2
Local Government
Moreton Bay
Lot/Plan
1/RP845499

Last Listing description (August 2020)

Under 35 minutes from Brisbane CBD, the historic semi-rural town of Samford Valley is one of the most sought after locations and one of North Brisbane's best kept secrets.

The Home:
Completely separate from the function area the huge 1300sqm (approx.) homestead offers a unique formal ambiance throughout; 8 king sized suites (7 of which have their own ensuites), a large family bathroom, massive formal lounge, games and dining room, entertaining conservatory, separate TV room, formal home office, chefs Cedar timber kitchen with fire proof walls, stainless steel appliances, pizza oven, Caesar Stone bench tops and a butler's pantry.

The quality of build that this property is offering is by far something that rarely happens today. Boasting exquisite parquetry and sandstone flooring, Western Red Cedar bay windows and doors, 11.6ft ceilings with hand painted cornicing, 9 fire places, 11m fully tiled saltwater in ground pool, chandeliers, ducted air conditioning.

The Land:
Absolutely one of the best positions that Samford Valley has to offer plus set on 2.5 completely landscaped acres with easy care manicured gardens, level lush green lawns, 200 year old Moreton Bay fig tree, extensive custom lighting, a gazebo, carport for 4 cars, 18m x 6m (approx.) powered shed with uninterrupted panoramic views.

I challenge you to find a better view than this on offer!

The Opportunity Of A Lifetime:
This is where the astute buyer will see an opportunity and will run with it. Whether you are looking for your dream family home or wanting to run your own business or take over the current business, look no further as this property is the one for you. Currently a successful wedding venue and previously a restaurant, you have everything ready to hit the ground running and receive a healthy return, OR, lease the restaurant/function venue allowing you to have a strong passive income plus being able to live your private life in the main residence. The option is yours!

The function area offers ample on and off site car parking for up to 50 vehicles, an historic building cleverly renovated and extended to the highest of quality, commercial kitchen and 2 cold rooms, meeting room, huge open ballroom/function room, his and hers bathrooms, wheel chair access, private VIP dining room/, glass Wedding Chapel, large formal cocktail area adjacent to the full bar, massive covered and open deck allowing to cater for all dining experiences, outdoor bar, panoramic views of the Valley below.

Additional information:
- Main residence built in 1997
- Only the second owner
- Great separation between function area and main residence
- 36,000 gallons of water storage for the main residence
- 12,000 gallons of water storage for the function centre

This property must be seen to be believed! The current fastidious owner has completed this project and is ready to handover to a forward thinking astute purchaser wanting to operate in the prestige end of the market and capitalise on the projects many attributes and future capital gain.

Property History for 961 Eatons Crossing Rd, Draper, QLD 4520

A timeline of how this property has performed in the market
Last Transferred
$2,550,000
10 Dec 2019
  • 10 Dec 2019
    Transferred for $2,550,000
  • 11 Mar 2019
    Listed for Sale $2,950,000 + GST
  • 19 Jul 2017
    Listed for Sale $3,495,000
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About Draper 4520

The size of Draper is approximately 9.5 square kilometres. It has 19 parks covering nearly 18.2% of total area. The population of Draper in 2011 was 652 people. By 2016 the population was 675 showing a population growth of 3.5% in the area during that time. The predominant age group in Draper is 40-49 years. Households in Draper are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Draper work in a professional occupation. In 2011, 91.4% of the homes in Draper were owner-occupied compared with 95.4% in 2016.

Draper has 267 properties. Over the last 5 years, Houses in Draper have seen a 94.99% increase in median value, while Units have seen a -45.48% decrease. As at 31 October 2024:

  • The median value for Houses in Draper is $1,854,177 while the median value for Units is $806,303.
There are currently 1 property listed for sale, and no properties listed for rent in Draper on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Draper.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.