SOLD
Sold on 11 Apr 2024 for $2,700,000

308 Tanawha Tourist Drive
Tanawha QLD 4556

Bedrooms: 11
Bathrooms: 9
Car spaces: 10
Land area: 4265m2
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Property Details for 308 Tanawha Tourist Dr, Tanawha

Building Type
Commercial
Land Size
4265m2
Local Government
Sunshine Coast Regional
Lot/Plan
3/RP839332

Last Listing description (October 2023)

Presenting a golden investment opportunity - a charming motel nestled on over 1 acre of tropical paradise, just a stone's throw from the stunning Mooloolaba Beach, Buderim Village and our gorgeous coastline.

The Perfect Investment: 9 Inviting Rooms - Each complete with kitchenette, easy parking at your doorstep, sparkling pool for ultimate relaxation gazebo to savour tranquility and birdlife. Complete with a managers apartment with luxurious kitchen and backyard and 3 generous bedrooms all air-conditioned.

Fantastic Returns Await: Invest with confidence in a thriving business with a proven track record of success. This motel currently boasts impressive returns, and it doesn't stop there! With a Development Approval (DA) in place to enlarge capacity and turnover, the potential for even greater profits is within reach.

Location, Location, Location: This hidden gem is strategically located, only seconds away from the Bruce Highway and Sunshine Coast Motorway, offering excellent connectivity to both locals and tourists. Yet, you'll relish in the serenity of a quiet, leafy location, providing the perfect respite from the hustle and bustle.

Convenience at Your Fingertips: With shopping amenities in close proximity, you'll never be far from essentials. Whether it's groceries, dining, or entertainment, everything you need is within easy reach. This is a business opportunity poised for the next owner to enhance the current location and be ready for the growth that is slated for the area.

Don't miss out on this once-in-a-lifetime opportunity to own a slice of tropical paradise, just minutes from one of the most coveted beaches in Australia.
For more information and to seize this investment gem, contact us today!

Phone Fiona Rawson on 0401186261 to gain further information and book a private inspection.

Property History for 308 Tanawha Tourist Dr, Tanawha, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$2,700,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $2,700,000
  • 13 Sep 2023
    Listed for Sale $3,500,000
  • 28 May 2021
    Listed for Sale $1,950,000
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About Tanawha 4556

The size of Tanawha is approximately 12.8 square kilometres. It has 14 parks covering nearly 10.7% of total area. The population of Tanawha in 2011 was 1,151 people. By 2016 the population was 1,301 showing a population growth of 13.0% in the area during that time. The predominant age group in Tanawha is 50-59 years. Households in Tanawha are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Tanawha work in a professional occupation. In 2011, 78.7% of the homes in Tanawha were owner-occupied compared with 78.4% in 2016.

Tanawha has 472 properties. Over the last 5 years, Houses in Tanawha have seen a 87.58% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tanawha is $1,657,704 while the median value for Units is $969,009.
  • Houses have a median rent of $720.
There are currently 7 properties listed for sale, and 1 property listed for rent in Tanawha on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Tanawha.

Suburb Insights for Tanawha 4556

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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.