OFF MARKET

2/29 Fahey Road
Mount Glorious QLD 4520

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 6259m2
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Property Details for 2/29 Fahey Rd, Mount Glorious

Building Type
Commercial
Year Built
1997
Land Size
6259m2
Local Government
Moreton Bay
Lot/Plan
2/GTP3124

Last Listing description (September 2019)

YOU CAN SEE over Brisbane suburbs to the city
YOU CAN SEE ... almost 100km of coastline from Tamborine Mountain to Redcliffe
YOU CAN SEE ... the bay, ships, islands, dunes

The key feature of this property is an outdoor lookout area which is over 25 metres wide. It's the only lookout that's open to the public anywhere in the Brisbane mountains (Mt Glorious and Mt Nebo) with the prized view EAST towards Brisbane and the bay. In addition to the panoramic view, theres 4 other reasons why this block represents the prime location at Mount Glorious to run a business:
1) WIDTH: widest block on this eastern crest with 55m frontage to the view so all guests can sit and enjoy the view to Brisbane unobstructed.
2) CARPARK: Along the entire 55-metre frontage to the view is the largest private carpark in the Brisbane mountains (paved 30 bays).
3) LOCATION: In the heart of Mt Glorious village, with a gated carpark entrance seen by all cars driving on the only road through the mountain.
4) ZONING: commercial history since the 1970s of being a gift shop + general store + art gallery + nursery
Perched right at the top of a mountain ledge, the buildings enjoy plenty of sunlight throughout the day which is seldom found in a such dense rainforest region. Council zoning allows you to place some tables and chairs for customers, as long as no food preparation is done on site.
BUILDING 1 - THE ORIGINAL STORE
60 square metres built in the 1970s as the gift shop for a zoo, it later became a general store, and in 2001 was an art gallery with outdoor nursery. This building has always been zoned as 'non-residential' and 'non owner occupied' by council.
BUILDING 2 - THE MODERN HOUSE
Two-storey house built in 2001, positioned approximately 7 metres from the store, designated with council as the store caretaker's residence'.
- 1.5 acres of land with 12 species of fruit trees
- stunning views from almost every room in the house
- views even prettier at night than during the day
- located at Lot2 1814 Mt Glorious Road
- lush rainforest is only 5 minutes walk away (on fahey rd)
- a gentle breeze almost every day of the year
- gated community with only 4 other parties in bodycorp
- body corp takes care of maintenance of the carparking area
- short footpath from centre of the parking area goes to lookout
- retail store zoned for gifts, general store, art gallery or nursery
- located right next door to busy restaurant
- lookout area can also be hired out as an outdoor wedding venue
- only 45 mins drive to CBD

Property History for 2/29 Fahey Rd, Mount Glorious, QLD 4520

A timeline of how this property has performed in the market
Last Sold
$795,000
18 Jun 2019
  • 18 Jun 2019
    Sold for $795,000
  • 20 Apr 2018
    Listed for Sale Not Disclosed
  • 31 May 2005
    Sold for $515,000
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About Mount Glorious 4520

The size of Mount Glorious is approximately 20.6 square kilometres. It has 8 parks covering nearly 76.4% of total area. The population of Mount Glorious in 2011 was 279 people. By 2016 the population was 298 showing a population growth of 6.8% in the area during that time. The predominant age group in Mount Glorious is 60-69 years. Households in Mount Glorious are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Glorious work in a professional occupation. In 2011, 79.1% of the homes in Mount Glorious were owner-occupied compared with 82.5% in 2016.

Mount Glorious has 196 properties. Over the last 5 years, Houses in Mount Glorious have seen a 55.52% increase in median value, while Units have seen a -13.39% decrease. As at 30 September 2024:

  • The median value for Houses in Mount Glorious is $1,137,726 while the median value for Units is $648,471.
  • Houses have a median rent of $415.
There are currently no properties listed for sale, and no properties listed for rent in Mount glorious on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Mount glorious.

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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.