OFF MARKET

223-239 Palomino Road
Tamborine QLD 4270

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 27100m2
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Property Details for 223-239 Palomino Rd, Tamborine

223-239 Palomino Rd, Tamborine is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 27100m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1996
Floor Size
133m2
Land Size
27100m2
Local Government
Scenic Rim Regional
Lot/Plan
45/SP170813

Last Listing description (September 2023)

UNDER CONTRACT IN LESS THAN 1 WEEK!!

Welcome to this unique entry level equine property nestled on 6.69 acres of versatile land. This charming brick cottage-style home boasts 3 spacious bedrooms and offers a tranquil retreat for hobby farm enthusiasts and entrepreneurs alike.

The property also features a large machinery shed, perfect for those who run a bustling business from the comfort of their own home. This shed provides ample space and includes two dedicated offices, allowing you to effortlessly manage your operations. So whether it’s a pottery barn for the craft fanatic, a machinery shed for the mechanic, an online import business or breeding Frenchie’s this is a property for the eclectic buyer. *Council approvals pending, further enquiries to be made with agent.

All hobby enthusiasts, the property offers basic open paddock stalls and moderately flat land with fenced paddocks providing a safe and comfortable environment for your animals. Additionally, a dry riverbed traverses the landscape along with a dam equipped with a pump, ensuring consistent water supply for animals and landscaping needs.

House:
• 3 Bedrooms with wardrobes
• Lounge and dining rooms with charming potbelly fireplace
• Exposed racked high ceilings with skylights and ceiling fans
• Tiles, security screens and split system a/c throughout
• Solar power
• Fully renovated kitchen with stone benchtops and new appliances and cabinetry throughout
• Fully renovated bathroom with floor to ceiling tiles and children’s bathtub
• Fully renovated designated laundry room with external access
• Enjoy the outdoors in the large alfresco area, where you can relax and entertain guests while taking in the stunning views of the property
• Separate from the main house, the studio-style open entertaining room is accessible through a breezeway-style entrance with double sliding doors and can be utilised as a home media room, teenage retreat, nursery, 4th bedroom or additional office space
• Double lock up freestanding garage accessible from flat driveway.

Property:
• 6.69 acres of usable land with designated animal paddocks
• Dual access down two gravel driveways with clear access to rear paddock and gates
• Charming chicken coop
• Fruit trees
• Water and power supplied to paddocks
• Dam with pump and dry riverbed
• Bore with a dedicated holding tank
• No easements
• Open style stalls for stock
• Partial fencing
• Additional small storage sheds

Shed:
• Large machinery shed *Council approvals pending, further enquiries to be made with agent.
• The main shed offers 2 large carports both front and rear accommodating cars, trucks, boats or caravans alike
• Open concrete docking bay with tilt panel garage door, ideal for loading bay onto trucks right from the mezzanine level slab.
• Internal construction offers huge room for storage, possible hoist additions, worktop/bay stations to front and two carpeted, fully equipped office rooms to rear with private entry.
• Water and 3-phase power connected *See floor plan and site plan.

Invest:
• The property offers an estimated rental return of $800-$900 per week and depending on whom you lease to, being singular tenants or tenants in common, the yield may fluxuate.
• The block offers endless possibilities for expansion in the future allowing you to customize the space to suit your needs and budget.

Embrace the rural lifestyle at Palomino Rd where off-grid living converges with all the convenience of the distinctive lifestyle and charm that Tamborine Village has to offer.

Situated approximately 45 mins to both Brisbane CBD & The Gold Coast. Surround yourself with the beauty of nature, indulge in the comforts of home, and make this remarkable property your very own today.

DISCLAIMER: We have in preparing this advertisement used our best endeavor to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 223-239 Palomino Rd, Tamborine, QLD 4270

A timeline of how this property has performed in the market
Last Sold
$930,000
25 Jul 2023
  • 25 Jul 2023
    Sold for $930,000
  • 04 Apr 2023
    Listed for Sale Offers Over $929,000
  • 25 Aug 2018
    Sold for $575,000
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About Tamborine 4270

The size of Tamborine is approximately 71.2 square kilometres. It has 18 parks covering nearly 28.9% of total area. The population of Tamborine in 2011 was 3,464 people. By 2016 the population was 3,952 showing a population growth of 14.1% in the area during that time. The predominant age group in Tamborine is 40-49 years. Households in Tamborine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tamborine work in a trades occupation. In 2011, 85.5% of the homes in Tamborine were owner-occupied compared with 85.2% in 2016.

Tamborine has 1,623 properties. Over the last 5 years, Houses in Tamborine have seen a 92.17% increase in median value, while Units have seen a 173.42% increase. As at 30 September 2024:

  • The median value for Houses in Tamborine is $1,199,447 while the median value for Units is $702,982.
  • Houses have a median rent of $845.
There are currently 21 properties listed for sale, and no properties listed for rent in Tamborine on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Tamborine.

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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.