SOLD
Sold on 31 Jan 2024 for $2,500,000

24-34 Macdonnell Road
Tamborine Mountain QLD 4272

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 40470m2
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Property Details for 24-34 Macdonnell Rd, Tamborine Mountain

Building Type
Land
Land Size
40470m2
Local Government
Scenic Rim Regional
Lot/Plan
16/RP32167

Last Listing description (August 2024)

Sellers are ready to move on so submit your offers!

Introducing 24-34 Macdonnell Road in Eagle Heights on Tamborine Mountain. This is an absolute prime location - perfectly positioned along the Gold Coast Hinterland growth corridor and waiting for you to develop it to its full potential.

The Features-


-Block size 40,470sqm (4.05ha/10Acres) with 112m of accessible road frontage
- Currently Zones "Rural Residential" and surrounded by MR zoned blocks (1000sqm average)
- Approval for 2 dwellings (primary & secondary) already in place
- One of the last available potential land development sites in Eagle Heights (subject to council approval)
- Walking distance to shops, cafe's, bars, parks, waterfalls, and within the catchment area of some of South East Queenslands best schools.
- the M1 (Gold Coast - Brisbane) is a short 20min drive away and only 30 Min to the Coomera Westfield and major shopping precincts.
-situated in the middle of a growth area that has experienced increase in median value of over 46% in the last 5 years

With current zoning anticipated for residential development to cater for population growth, this greenfield site presents an amazing development opportunity at the forefront of the scenic rim.

Just around the corner you will find the highly-regarded Gallery Walk, with its popular tourist and shopping hub of cafes, shops, pubs, national park, and nature trails.

Overall, this is one of the best and last potential development sites on Eagle Heights and has mountains of potential. So, why not seize the opportunity and turn this prime land into something spectacular that will add value to the community and region.

Please call Richard FUSS on 0400 707 425 with your enquiries.

*DISCLAIMER* the above information is provided as a guide only and has not been verified for accuracy. Any party wishing to engage in a contract for this land is encouraged to complete their own due diligence prior. While we strive to provide accurate information where ever possible, Oxbridge and its associates do not accept liability regarding inaccurate information regarding this property.

Property History for 24-34 Macdonnell Rd, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$2,500,000
31 Jan 2024
  • 13 Jun 2024
    Listed for Sale Contact Agent
  • 31 Jan 2024
    Sold for $2,500,000
  • 27 Jul 2022
    Listed for Sale Not Disclosed
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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.

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Oxbridge Property Group
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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.