OFF MARKET

51 Magnetic Drive
Tamborine Mountain QLD 4272

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Floor area: 315m2
Land area: 1002m2
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Property Details for 51 Magnetic Dr, Tamborine Mountain

51 Magnetic Dr, Tamborine Mountain is a 8 bedroom, 3 bathroom House with 3 parking spaces and was built in 2007. The property has a land size of 1002m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2007
Floor Size
315m2
Land Size
1002m2
Local Government
Scenic Rim Regional
Lot/Plan
150/RP129206

Last Listing description (March 2022)

Innovative by design, this substantial sized Yurt was built by a local builder and designed to take in Stunning views of the Gold Coast and Ocean from the many different windows. The design can accommodate for the largest of families or can be separated from the central living area, into 2 or even 3 separate homes under the one roof. All in all, there are 8 bedrooms, 3 bathrooms and 3 separate living/ kitchen/dining areas.

This multi-generational home is 300m2 of living area and was approved as a main residence which is inclusive of the Main home and attached 2-bedroom unit with an attached 3-bedroom self-contained granny flat.

The main door enters the central living area which flows into multiple living/dining/kitchen areas that can be utilised as part of the main home or closed off, creating dual living accommodation and or even a bnb and each individual section has its own private entrance.

The downstairs is open and can accommodate 4 vehicles and there is also a large separate laundry and storage room. There's plenty of room to add a workshop, studio, another separate living area or whatever your heart desires.

THE MAIN HOME/UNIT:

3 Queen sized bedrooms with Gold Coast views
Spacious kitchen with modern appliances
Plenty of storage area
Kitchen/Dining facing a large picture window where you can enjoy the colorful twinkle of the Gold Coast night lights.
Lovely East facing deck to enjoy the views
Spacious Loungeroom can accommodate 2 separate lounge suites
1 Modern bathroom
Separate toilet
Plenty of storage behind internal timber staircase
Timber ceiling in living area
Entrance from Erebus Court

LINKING TO THIS MAIN HOME/UNIT

2 BEDROOM HOME/UNIT:

2 Queen size bedrooms, one with a built-in-robe,
Living/Dining area
Self-contained kitchenette
1 Modern bathroom with toilet
Own private entrance via Magnetic Drive

THE GRANNY FLAT SECTION:

3 large Queen-sized bedrooms, the main bedroom is larger with ocean and Gold Coast views.
Large Living area
Spacious open plan kitchen with plenty of storage.
Dining area flows onto a small deck with views to the Gold Coast and Ocean.
1 Bathroom
1 toilet
Private entrance via Magnetic Drive

EXTERNAL

Large 1,002m2 block
Substantial sized laundry with tap fittings for 2 washing machines and dryers
Huge storage underneath house
Parking for 4 vehicles under house
Plenty of external parking
2 Separate entrances for vehicles.
Plenty of room to build a workshop or gym.
Partially fenced
Easy maintenance block

This property offers so many options for the astute buyer.
Situated on a very quiet, family friendly street and conveniently located within a short drive to all mountain facilities including shops, schools, medical Centre & Gallery Walk. The location of this property also offers easy access to the Gold Coast and Brisbane.

Please contact agent for private inspections

Property History for 51 Magnetic Dr, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$900,000
24 Feb 2022
Listed for Rent
15 Jan 2014
  • 24 Feb 2022
    Sold for $900,000
  • 14 Feb 2022
    Listed for Sale Offers Over $899,000
  • 03 Sep 2018
    Listed for Sale Contact Agent
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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 4,052 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 83.01% increase in median value, while Units have seen a 87.04% increase. As at 31 October 2024:

  • The median value for Houses in Tamborine Mountain is $1,035,052 while the median value for Units is $642,313.
  • Houses have a median rent of $730 while Units have a median rent of $350.
There are currently 120 properties listed for sale, and 10 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Tamborine mountain.

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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.