OFF MARKET

284-296 Western Avenue
Montville QLD 4560

Bedrooms: 4
Bathrooms: 2
Car spaces: 10
Land area: 74790m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 284-296 Western Ave, Montville

Building Type
Commercial
Land Size
74790m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/SP296248

Last Listing description (June 2019)

With mesmerising views over Baroon Pocket Dam, this 18.5-acre property definitely is a MUST SEE. (The business net ROI is around 15%).

Comprising of an award-winning principal residence, four bespoke cottages and ever-increasing figures, this is one property you will GREEN CHANGE for.


Situated in the most prized location on the Blackall Range and minutes from Montville Village, there is no better setting for a high-end cottage accommodation business.

**THE LOCATION IS PERFECT**
~ THE RESIDENCE ~
The stunning, 2015 award-winning home is of intelligent design with dedicated office/reception and commercial laundry integrated into the business end of the house.

The family end of the residence has numerous design features to take advantage of the lovely views. The novel indoor/outdoor entertaining deck has hideaway stacker doors and automatic shade screen.

The commercially-approved kitchen has it all; stone tops, drawer dishwasher, walk-in pantry from the carport, hand wash sink and oversize cooktop and oven.

The main bedroom has a stunning ensuite with sunken spa bath (to enhance the views), and underfloor heating for the cooler Montville months.

There are three more king size rooms and a modern main bathroom.

The log fireplace takes centre stage in the lounge opposite the dining room with picture-framed lake views.

~ THE BUSINESS ~
The three luxurious country chalets plus the breath-taking Balinese cottage (with heated plunge pool), provides a serious, consistent income.

Each cottage is very private, boasting lake views, spa bath, fireplace, kitchenette, carport and individual styling, assuring high guest return rates. The business comes with two vehicles (cleaning van and check-in car).

Approvals were also sought to build four more cottages if required.

~ THE PROPERTY ~
The 18.5-acre property has been designed to be as low maintenance as possible, combining natural rainforest areas with easy-care, landscaped gardens, winding bitumen roads to the cottages, fenced horse paddock and arena.

There is a huge storage shed for property maintenance and comes with a 4WD ride-on mower and Stihl garden equipment.

There is a back-up generator in the event of power outage. Water supply consists of a full flow bore, ensuring permanent water for the 36,000-litre storage tank. Solar power also keeps the bills low.

~ GROWTH POTENTIAL ~
There are significant opportunities to grow this successful cottage accommodation business further. Council approval for 4 - 6 additional cottages is likely (four have been confirmed) allowing the opportunity to build the cottage type of your choice.

The property boasts over 30 avocado trees (Shephard & Hass) providing additional income from a roadside stall. A potential wedding venue with one cottage, making it ideal as a honeymoon location and many onsite locations suitable for stunning wedding photos.

~ CONSIDERATION ~
This stunning property is being offered with a quality website, booking system, advertising, licenses, forward bookings, etc. on a walk-in walk-out basis. A healthy inventory is included, as is a guest database.

Impressive figures have been steadily increasing. Sellers will ensure adequate training to ensure seamless changeover.

This property boasts Trip Advisor awards for 2014, 15, 16, 17, 18 with outstanding reviews and high guest return rate.

Figures are available upon inspecting the property and signing a Confidentiality Agreement.

This is a genuine lifestyle business requiring the owners to work part-time for a fantastic income. It allows you to run a complementary business from the property if you desire.

If you are after a lifestyle property with a generous income stream, assured capital growth and potential to expand, then this should definitely be on your must-see list!

Easy inspections, call Doug on 0418 761 404.

Property History for 284-296 Western Ave, Montville, QLD 4560

A timeline of how this property has performed in the market
Last Sold
$2,350,000
08 May 2019
  • 02 Oct 2019
    Listed for Sale $2,950,000
  • 08 May 2019
    Sold for $2,350,000
  • 17 May 2018
    Listed for Sale $2,950,000
Sign in to see more transactions

Commute Calculator

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 702 properties. Over the last 5 years, Houses in Montville have seen a 83.97% increase in median value, while Units have seen a 56.07% increase. As at 31 August 2024:

  • The median value for Houses in Montville is $1,099,482 while the median value for Units is $584,354.
  • Houses have a median rent of $673.
There are currently 27 properties listed for sale, and 3 properties listed for rent in Montville on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Montville.

Suburb Insights for Montville 4560

Market Insights
Montville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Montville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.