SOLD
Sold on 07 Nov 2024 for $1,020,000

12 Balmoral Road
Montville QLD 4560

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 2598m2
Sold By
First National Real Estate Coastal
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Property Details for 12 Balmoral Rd, Montville

Building Type
Commercial
Land Size
2598m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/RP182271

Last Listing description (December 2024)

This prime parcel of real estate is situated on the main road into Montville in a highly desirable location. It boasts 60 metres of street frontage whilst still being very private.
The propertyrsquo;s approved use is for a mechanical / automotive business and has a large warehouse, separate home/office, compact hardstand and approximately 1500 sqm of additional, flat usable land. A basic plan of the property is below in the documents section for viewing.
The workshop is 244 sqm of open area and is situated at the rear of the property entrance and it has a small office attached. The workshop has 3 high roller doors for access with the opportunity for a fourth if the workshop office was to be converted to warehouse / workshop area. The shed has 3 phase power with 4 outlets and faces East.

A smaller garden shed of 32 sqm is to the side of the main workshop and is handy for the storage of smaller items. The 660 sqm (approx.) compact hardstand in front of the shed can accommodate heavy vehicles, storage of containers and includes a double bay carport. The driveway area is 16 m wide conservatively x 36 m long and is suitable for vehicles of all kinds. The opportunity exists to increase this hardstand area as required.

The well kept Queenslander on the property has always been used as a home / office. The verandas have been enclosed to create more internal space and large windows installed to catch the panoramic views and North-East Summer breezes. There are 4 separate rooms plus a sun room, a large open plan area used as a lounge or meeting area, a good size kitchen, large bathroom and a washing area near the back door to the house. The main area of the house is air conditioned and also has a fire place for those cool Winter evenings. The house is approx. 158 sqm and is surrounded by a lush flat grassed area of approx. 1500 sqm.

The entire property faces East and enjoys some scenic views over Mt Coolum and ocean glimpses to the North. It is entirely protected from any nasty Westerly weather from which the winds and storms roll in. It really is the whole ldquo;investmentrdquo; package for the right business operator in a convenient and prestige location. Equally suited to an astute commercial Landlord wanting to provide their tenant with an amazing lifestyle opportunity.
A commercial relay tower also exists on the property. Currently not in use.
Zoned Rural
Commercial use approved for motor mechanic.
Tank water
Septic tank
Expected rental income per year $55, 000 +. Tenant to pay rates and insurance.

? Core Logic may suggest this site is zoned Light Industry. First National Real Estate warrants no claim to this. The approved use for a motor mechanic has
been confirmed by Council. Other supported commercial uses for the property are agriculture, hospitality, tourism, short term accommodation, veterinary services, animal
keeping, gallery, other home based businesses ....

Property History for 12 Balmoral Rd, Montville, QLD 4560

A timeline of how this property has performed in the market
Last Sold
$1,020,000
07 Nov 2024
  • 07 Nov 2024
    Sold for $1,020,000
  • 26 Jul 2024
    Listed for Sale SALE -Offers invited LEASE- $55,000 + Outgoings
  • 26 Jul 2024
    Listed for Rent - Price not available
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About Montville 4560

The size of Montville is approximately 17.7 square kilometres. It has 10 parks covering nearly 15.7% of total area. The population of Montville in 2011 was 886 people. By 2016 the population was 949 showing a population growth of 7.1% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation. In 2011, 79.5% of the homes in Montville were owner-occupied compared with 80% in 2016.

Montville has 703 properties. Over the last 5 years, Houses in Montville have seen a 92.11% increase in median value, while Units have seen a 30.39% increase. As at 30 November 2024:

  • The median value for Houses in Montville is $1,158,875 while the median value for Units is $584,946.
  • Houses have a median rent of $650.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Montville on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Montville.

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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.