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Sold on 15 Jul 2024 - Price Unavailable

319 Oak Forest Road
Kuranda QLD 4881

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 3.3ac
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Property Details for 319 Oak Forest Rd, Kuranda

319 Oak Forest Rd, Kuranda is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3.3ac. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Kuranda in the last 12 months.

Building Type
House
Land Size
3.3ac

Last Listing description (July 2024)

The Phone Code for this property is: 58031. Please quote this number when phoning or texting.

ALL REASONABLE OFFERS CONCIDERED!

This property was custom-built in 2010 by the current owners therefore much larger than commercially built homes.

It was built to accommodate two teens at one end of the home, a younger child in the middle and a parent's retreat at the opposite end of the home.

The teenager end of the home consists of two extra-large bedrooms, a bathroom, the laundry and third slightly smaller bedroom.

The centre of the home is open plan with the kitchen and entertainment area, this area has access to theatre room and outside decks at the front and rear of the home.

The parents retreat end of the home has an office, extra, extra-large bedroom with ensuite including a large floor to ceiling window overlooking the rainforest and a private outside deck area.

Other Features
-3.3 Acres
-8x10 Powered Shed/Workshop
-Single Car Carport
-Firepit entertainment area
-Established Gardens including fruit trees
-Established Lawn
-Fully Fenced
-Granite Bench Tops
-Large Theatre Room (could be converted into a 5th bedroom)
-Bore Water

Other Information
Council Rates are managed by local Accounting Business Barron Tax, the rates are currently $294 twice yearly. The rates are low due to the title being Tenants in Common. This is a cheap way to own acreage and very common in this part of Kuranda.

What is Tenants in Common?
The entire lot of land is not formally subdivided, it is 80 plus acres of land which has been divided up into different size lots which are allocated to different owners. This lot is 3.3 acres. The lots are part of a plan held by council so they know who owns what. As the title is only one the rates are managed by Barron Tax to ensure we all get a bill for the correct amount based on what we own, they also ensure all owners pay, Barron Tax collect the monies and pay the council on our behalf.

Current owner does have a mortgage with ANZ, please note due to the title banks require a min 20% deposit.

Important Update 31/1/24: I have been advised by Mareeba Council as the home has been built to council standard and all approved by council it is highly likely council will approve an application for Sub-division. Due to solicitors advising our buyers not to buy the property due to it not having set boundaries (tenants in common) I have been forced into preparing an application for sub-division. Please note: the value of this property will increase in-line with similar homes in the area once we have sub-division approval in place. I am still open to offers prior to gaining sub-division approval at current asking price if someone can see the potential for sub-division and increased equity.

Outdoor pics are recent, indoor pics are old due to home still being occupied, inside has changed a little here and there.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 319 Oak Forest Rd, Kuranda, QLD 4881

A timeline of how this property has performed in the market
Last Sold
15 Jul 2024
  • 15 Jul 2024
    Sold
  • 04 Dec 2023
    Listed for Sale All Reasonable Offers Considered

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About Kuranda 4881

The size of Kuranda is approximately 110.8 square kilometres. It has 13 parks covering nearly 55.6% of total area. The population of Kuranda in 2011 was 2,966 people. By 2016 the population was 3,005 showing a population growth of 1.3% in the area during that time. The predominant age group in Kuranda is 50-59 years. Households in Kuranda are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kuranda work in a professional occupation. In 2011, 71.4% of the homes in Kuranda were owner-occupied compared with 68.5% in 2016.

Kuranda has 1,644 properties. Over the last 5 years, Houses in Kuranda have seen a 51.48% increase in median value, while Units have seen a -24.88% decrease. As at 30 November 2024:

  • The median value for Houses in Kuranda is $684,108 while the median value for Units is $401,761.
  • Houses have a median rent of $640.
There are currently 53 properties listed for sale, and 4 properties listed for rent in Kuranda on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Kuranda.

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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.