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85 Waterford Tamborine Road
Waterford, QLD 4133
FOR SALE
Overview
Negotiable Terms offering High Returns or
This inner suburban acreage property offers a unique combination of lifestyle and investment opportunities. Spanning approximately 3.64 hectares (just under 9 acres), the site presents flexible structures and negotiable terms designed to deliver a strong return on investment through diverse commercial ventures.
Investors aligned with the landscaping industry have the potential to engage in an active partnership with the established landscaping business currently leasing the property. This arrangement offers a strategic pathway to eventually take over the business operations, providing an additional avenue for income and growth.
Key features of the property include:
- Expansive land area of 3.64 hectares (approximately 9 acres)
- Commercial lease agreement with a landscaping business, generating $25 per square meter plus GST and outgoings, equating to an annual income of $294,363 plus GST and outgoings contributions
- Opportunity for investors to take an active role or partnership within the existing landscaping enterprise
- Additional income from a residential lease, with rental appraisals ranging between $700 and $800 per week
- Optional income from advertising signboard leases, with proposals for three signboards generating a total of $12,000 plus GST annually
- A secondary profiled hardstand yard measuring between 4,200 and 4,500 square meters, subject to council approval (STCA)
- Potential for further development, including commercial, retail, or residential uses, subject to council approval (STCA)
The site has undergone several upgrades and benefits from a strategic location, including:
- Upgraded aggregate driveway profiling for improved access
- Development approval for a residential house extension
- Independent electricity meters for separate metering
- A scenic, leafy green tree-lined dam and driveway enhancing the property's aesthetic appeal
- Proximity within walking distance to Canterbury College
- Located within the catchment areas for Waterford State School and Loganlea State High School
- Situated in growing suburbs within expansion corridors, offering future growth potential
- Approximately 25 kilometers from Brisbane CBD and 20 kilometers from the Gold Coast
- Direct access to major transport routes including the M1 and Logan Motorway
Nearby developments include a proposed 50-lot townhouse development and a childcare facility, both located on the neighboring rear lot boundary at 173-203 Old Logan Village Road, Waterford.
This property is ideal for those seeking a residence to settle into or investors looking for a site that combines lifestyle benefits with a high return on investment. The diverse income streams and development potential make this a compelling opportunity in the Waterford area.
Prospective buyers are encouraged to conduct their own inquiries to verify all information and assess the suitability of the property for their needs.
Location
Waterford QLD 4133
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