162 Upper Tolson Road

Mooloolah Valley QLD 4553

Set high on a ridge top with views to Ewan Maddock Dam and the Glasshouse Mountains is an opportunity. This property has two houses set about 100 meters apart. The main house is a magnificent Queenslander relocated from Alexandra Headland. The second home is an appealing cottage and adjoining bungalow. There is also a terrific American Barn shed overlooking the horse paddock and small dam. The majority of the land is sloping but around 2 to 3 acres is cleared, partially fenced and seeded with good grass feed. There is a set of Studmaster gates, yard and cattle ramp.

The owner has owned the property for over 20 years and did an enormous amount of work to create what is now onsite. Some time ago he moved to a country property and has rented the homes for several years. He now wants to re-invest in another cattle property and it's time to get serious about selling. Therein lies the opportunity. This property is in a lovely private, peaceful setting but it needs work. As buyer you need to bring energy and effort to the property, rather than big cost, to make it into a Million dollar property. All the ingredients are there. You will need to knock down and remove several old lean to's, old equipment and decayed fencing. You will need to complete renovations to the cottage and house. Both homes are perfectly comfortable and sought after by tenants but will benefit from updates and just finishing off some of the projects. If you have the capacity to do that over time and put in the effort without hiring a tradesman for everything this one will be transformed and enter a whole new price range.