SOLD
Sold on 28 May 2024 for $5,475,000

14 Hideaway Lane
Glenview QLD 4553

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 520810m2
Sold By
FLITCHER RILEY
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Property Details for 14 Hideaway Lane, Glenview

Building Type
Commercial
Land Size
520810m2
Local Government
Sunshine Coast Regional
Lot/Plan
6/SP278708

Last Listing description (June 2024)

The vibe:
Ideally situated in a key growth corridor of the Sunshine Coast region of Glenview, 14 Hideaway Lane unveils a captivating executive residence on 128 acres of pristine freehold rural land. This property is split into two distinct sections - a residential expanse spanning around 20 acres, ideal for cattle or equestrian endeavours, boasting a splendidly designed home tailored for larger families, offering lavish space and amenities. The second portion features a separate sand mine, generating considerable passive income and massive future upside potential for the oncoming owners.

The Porter Davis designed 5 bedroom, 5 bathroom home, crafted with no expenses spared, celebrates the expansive rural landscape. Suitable for dual occupancy with a guest wing and accessible ground level entrance, this home proudly stands on lush green fields, a standout in the sought after Sunshine Coast location.

Completed in 2019, notable features include:
- Generous family home with dual living options
- Open-plan kitchen, dining & multiple living areas
- Walk-in pantry & wine gallery
- Guest wing on lower level
- Spacious hidden laundry
- Master suite with his and her dressing rooms, retreat, ensuite, balcony & terrace
- Loft rumpus room with expansive views
- Twin in-ground rainwater tanks (2 x 22500L)
- Solar power (9.6KW) feeding the grid
- Oversized remote 2-car garage

Additional Land Enhancements include:
- Concrete 9x17.5m lockable steel shed with 3-phase power potential
- 8.3x17.5m skillion with earth floor
- Functional portable cattle yards & old dairy
- Colorbond 7x17.5m 5 bay shed next to the home
- Ample enclosure for pets, livestock, or chooks
- Bore with approx. 360gph and excellent water quality
- Fenced into two main paddocks (rural land & mining lease)

Approx. 20 acres are set aside for rural activity, which has recently been home to both cattle & horses. Previously farmed, it would be exceptionally well suited to equine enthusiasts, among many other potential uses, subject to council approvals. An application has been lodged, proposing a change to a portion of the property to be zoned rural/residential land, which could allow for further sub-development down the track.

An intriguing feature of the property is the separate sand extraction business, 'Onesand,' discreetly located with private access from Connection Road. The current owners receive substantial royalty payments, with meticulous sand extraction spanning approximately 110 acres. Environmental and industry approvals are secured, offering a valuable venture.

The current lease for 'Onesand' runs to 2025 with a two-year extension option. The lessee has expressed an interest in a possible lease extension with the option of relinquishing a portion of the area (the large lake) to the property owner in exchange for a longer option. If this was negotiated, then this would free up and give access to the property owner whereby work could start on the filling and remediation for future uses.

Remediation of the extraction area holds potential for tourism or commercial use (subject to council approval) on a large area of approximately 110 acres.
- Lease land area: 45.9 Ha (459,600m2) with separate site access
- Industry approvals in place
- Positioned for growth & demand
- Versatile uses possible, subject to approval
- Well maintained functioning site
- Several near emerging large scale developments
- 1km from Steve Irwin Way, providing exceptional access

Glenview, the neighbouring area, will be transformed into a Sunshine Coast tourist hub with attractions like a large-scale surf park and BIG 4 Caravan Park in the pipeline. The renowned Australia Zoo and Aussie World theme park are also nearby, positioning this property in a prime location heading towards the 2032 Olympic Games.

The owners are selling due to retirement, presenting a unique chance to acquire a significant landholding. An Information Memorandum is available for interested qualified parties, and private viewings can be arranged. Please contact Rebecca or Alan to discuss

Property History for 14 Hideaway Lane, Glenview, QLD 4553

A timeline of how this property has performed in the market
Last Sold
$5,475,000
28 May 2024
  • 04 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 28 May 2024
    Sold for $5,475,000
  • 22 Feb 2023
    Listed for Sale Expressions of Interest

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About Glenview 4553

The size of Glenview is approximately 18.7 square kilometres. It has 9 parks covering nearly 36.2% of total area. The population of Glenview in 2011 was 1,181 people. By 2016 the population was 1,187 showing a population growth of 0.5% in the area during that time. The predominant age group in Glenview is 10-19 years. Households in Glenview are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenview work in a trades occupation. In 2011, 79.3% of the homes in Glenview were owner-occupied compared with 83% in 2016.

Glenview has 533 properties. Over the last 5 years, Houses in Glenview have seen a 94.87% increase in median value, while Units have seen a 57.84% increase. As at 31 October 2024:

  • The median value for Houses in Glenview is $1,337,806 while the median value for Units is $877,949.
  • Houses have a median rent of $998.
There are currently 8 properties listed for sale, and no properties listed for rent in Glenview on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Glenview.

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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.