SOLD
Sold on 28 Jun 2024 for $1,550,000

18 Main Street
Tamborine Mountain QLD 4272

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 269m2
Land area: 1086m2
Sold By
CB Richard Ellis Office Services
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Property Details for 18 Main St, Tamborine Mountain

Building Type
Commercial
Floor Size
269m2
Land Size
1086m2
Local Government
Scenic Rim Regional
Lot/Plan
10/SP259569

Last Listing description (August 2014)

SUPERB COMMERCIAL INVESTMENT
INVESTORS & SELF MANAGED SUPER FUND JUST THE PERFECT PROPERTY FOR THOSE LOOKING FOR A SOLID BLUE CHIP COMMERCIAL PROPERTY IN THE MIDDLE OF THE BUSY NORTH TAMBORINE BUSINESS PRECINCT. AN EASY WALK IN WALK OUT NO MONEY TO SPEND PROPERTY PURCHASE. ~ SHOPS ONLY 3 YEARS OLD ~ 5 EXCELLENT LEASES ALL IN PLACE WITH OPTIONS ~ VERY STABLE AND VARIED TENANT MIX ~ FULLY STRATA TITLED (CAN SELL SEPARATELY) ~ SOLID BLOCK AND COLOURBOND CONSTRUCTION ~ 17 BITUMEN CAR PARKS ~ ALL FULLY COUNCIL APPROVED ~ PUMP OUT FACILITY PAID BY TENANTS ~ CURRENTLY RETURNING $95,000 NETT P/A ~ CURRENT OWNER INVOLVED WITH NEW PROJECT ~ MUCH MORE RELIABLE THAN CURRENT MANAGED FUNDS ~ WILL RETURN BETWEEN 8-9% NETT HERE EXISTS A SUPERB COMMERCIAL BLUE CHIP INVESTMENT WITH 5 LEASES IN A 3 YEAR OLD BUILDING IN A BUSY LOCAL PRECINCT. A SAFE SOLID RETURN WITH EASE OF OPERATION. AN IDEAL PURCHASE FOR YOUR SUPERANNUATION. PLEASE RING YOUR LISTING AGENT NOW.

Property History for 18 Main St, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$1,550,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $1,550,000
  • 19 Nov 2019
    Listed for Sale SOLD - Price Withheld
  • 21 Nov 2013
    Transferred for $326,000
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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 4,081 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 82.60% increase in median value, while Units have seen a 109.07% increase. As at 30 November 2024:

  • The median value for Houses in Tamborine Mountain is $1,053,114 while the median value for Units is $664,858.
  • Houses have a median rent of $740 while Units have a median rent of $350.
There are currently 114 properties listed for sale, and 9 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Tamborine mountain.

Suburb Insights for Tamborine Mountain 4272

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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.