SOLD
Sold on 19 Mar 2024 for $1,840,250

119-121 Long Road
Tamborine Mountain QLD 4272

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 539m2
Land area: 966m2
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Property Details for 119-121 Long Rd, Tamborine Mountain

Building Type
Commercial
Floor Size
539m2
Land Size
966m2

Last Listing description (March 2024)

Blue Chip One Of A Kind Opportunity: Act Fast Or You Will Miss Out

Stunning Three Bedroom House + Four Commercial Shops On One Title

The renowned "Gallery Walk" on Tamborine Mountain is indeed a haven for tourists and anyone seeking a delightful shopping and dining experience. This charming destination features a captivating blend of specialty shops, art galleries, craft boutiques, gift shops, and delightful knick-knack stores. It's also a paradise for coffee and tea enthusiasts, with charming cafes and tearooms where you can savour a cup of your favourite brew.

For those with a taste for fine wines, there are wineries to explore, offering a chance to sample some of the region's finest vintages. And when it comes to dining, you'll be spoiled for choice with scrumptious restaurants serving a variety of cuisines to satisfy your culinary cravings.

With its unique blend of artistic flair, local craftsmanship, and culinary delights, it's no wonder that thousands of visitors flock to "Gallery Walk" on Tamborine Mountain every year. It's a place where you can indulge your senses, discover one-of-a-kind treasures, and create lasting memories.

This property is absolutely one of a kind and is anchored by four commercial tenancies at the front of the property. Nestled at the rear is an exceptional two-story home that has undergone a complete transformation, exuding a chic cosmopolitan charm.

Zoned by the council as "Special Tourist Attraction" not only can you generate revenue from four commercial tenancies, but you also have the option of living in the residence at the rear or continuing to lease all five tenancies and reap the returns.

As you step through the stunning private entrance, you'll discover a spacious haven boasting 3 bedrooms, 2 bathrooms, and a tastefully designed open-plan living area, highlighted by a captivating fireplace. This space seamlessly flows onto a private outdoor entertainment deck, complemented by a well-maintained yard.

House features:

- Contemporary and Private Living

- Striking Entrance

- Inviting Outdoor Entertainment Area

- Flexible Open-Plan Living with the option for "split living" if desired, featuring a stylish fireplace

- A gourmet kitchen with an induction cooktop, self-cleaning oven, and ample storage

- A dreamy master suite with an ensuite and walk-in robe

- Two guest bedrooms, a family bathroom, and a spacious rumpus room on the ground floor

- Laundry facilities and a private yard area with a small shed

- Split air conditioning for climate control

- Dual water tanks

- Covered carport

- And let's not forget about the prime location! This property is an enticing opportunity for savvy investors. Alternatively, it's an ideal choice for those looking to retire in style.

Commercial features:

- Three shops on the upper level with an extensive front timber deck that offers a delightful "Tamborine Ambience." plus there is one tenancy on the lower level (Four commercial tenancies in total)

- Situated on a generous 966m2 block, this property enjoys excellent street exposure, attracting a steady flow of foot traffic and is surrounded by everything from fine art to culinary delights, you'll discover a diverse array of shopping options to suit all tastes and budgets in this vibrant and exciting neighbourhood.

Don't miss out on this spectacular opportunity; inquire now to receive the full information memorandum or to book your inspection.

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers should make their own inquiries to verify the information contained herein.

Property Code: 1199

Property History for 119-121 Long Rd, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$1,840,250
19 Mar 2024
Listed for Rent
$850/w
23 Sep 2024
  • 02 Sep 2024
    Listed for Rent $850 / week
  • 18 Mar 2024
    Sold for $1,850,000
  • 06 Feb 2024
    Listed for Rent $850 / week
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About Tamborine Mountain 4272

The size of Tamborine Mountain is approximately 42.5 square kilometres. It has 29 parks covering nearly 16.1% of total area. The population of Tamborine Mountain in 2011 was 7,030 people. By 2016 the population was 7,498 showing a population growth of 6.7% in the area during that time. The predominant age group in Tamborine Mountain is 60-69 years. Households in Tamborine Mountain are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tamborine Mountain work in a professional occupation. In 2011, 77.1% of the homes in Tamborine Mountain were owner-occupied compared with 79% in 2016.

Tamborine Mountain has 4,080 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 84.26% increase in median value, while Units have seen a 101.60% increase. As at 28 February 2025:

  • The median value for Houses in Tamborine Mountain is $1,042,055 while the median value for Units is $840,318.
  • Houses have a median rent of $740 while Units have a median rent of $415.
There are currently 116 properties listed for sale, and 12 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Tamborine mountain.

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Brennan Hill
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Terri Fellows Real Estate
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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 liability for any loss or damage arising in connection with the data and information contained in this publication.