Overview

This property presents a unique opportunity for investment in the heart of the Gold Coast Hinterland's premier tourism precinct. The combined landholding of approximately 46,902 square meters is strategically located near the iconic Gallery Walk, surrounded by pristine National Park.

The site is zoned for Minor Tourism, allowing for various development possibilities. It consists of three titles, each with distinct features:

• Lot 1: 197 Long Road (2.52 Hectares)
  • Includes a substantial 975 square meter gross building area featuring a three-bedroom residence, dual-level showroom/offices, and an industrial factory with warehouse space.
  • Development Approval (DA) has been granted for six luxury lodges and a large restaurant with accommodation above, totaling approximately 1,300 square meters of expansion.
  • Additional features include a large dam, high-quality bore water, and private rainforest walking tracks.
• Lot 2: 191 Long Road (2.07 Hectares)
  • Features a significant seven-bedroom, three-bathroom residential dwelling currently utilized for retreat-style short-term accommodation.
  • Includes a large functional shed/warehouse suitable for events, storage, or flexible commercial use.
  • Landscaped with an established citrus orchard and private carports.
• Lot 3: 189 Long Road (1,012 square meters)
  • Comprises a two-storey cottage and double garage, currently used for short-term accommodation.
  • Offered in an 'as-is, where-is' condition, providing a blank canvas for renovation or integration into a broader tourism masterplan.

Investment highlights include a strong historical annual income range of $580,000 to $600,000 derived from a mix of short-term stays, warehouse leasing, and event hire. The property offers a flexible lease structure, predominantly short-term arrangements with no long-term restrictive leases, allowing for immediate repositioning or vacant possession.

Located within walking distance to the Gallery Walk, which features over 70 boutique shops, cafes, art galleries, and restaurants, this property is perfectly positioned for tourism development. The surrounding National Park ensures permanent privacy and a lush rainforest backdrop.

Strategically, the site serves as an ideal base for visitors exploring the wider Scenic Rim and Gold Coast regions, with easy access to local amenities including post offices, medical services, and schools.

Overall, this property offers infinite potential for development and investment in a prime location.

Location