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Overview
Situated on a level and manicured 2.5 acre corner allotment in Tanawha, this rare property uniquely combines dual residences with extensive industrial and storage facilities, catering to a wide variety of lifestyle and investment needs.
The property includes two homes: a spacious, character-filled two-storey residence built in the 1980s boasting four bedrooms, multiple living spaces with soaring ceilings, and a sunken lounge, alongside a newly built (2022) second dwelling showcasing a modern Queenstown-inspired design. This newer home features luxurious finishes, ducted air-conditioning, high raked ceilings, polished concrete floors, a designer island kitchen with stone benches, integrated appliances, and an expansive alfresco area with a tiled fireplace, perfect for entertaining and everyday comfort.
Adding to the property's versatility is an impressive 116sqm industrial-sized shed with power, water, insulation, surveillance, and a large mezzanine store area, providing ample space for business ventures or hobbyists requiring workshop or storage facilities. There are also additional sheds exceeding 100sqm, a hard stand yard equipped with power and water, a shipping container, a tea/wash room, and a mower shed, making the property well-suited for equipment and vehicle storage, including boats and caravans.
Water access throughout the site is facilitated by bore irrigation lines and a substantial 45,000-litre water tank, supported by an 8kW solar panel system to reduce running costs. Access is easy via Gallaghers Road and close to the Bruce Highway, while the property's fenced boundaries create separated zones, offering privacy and practical land use.
This acreage property presents an exceptional opportunity for investors or owner-occupiers seeking a combination of comfortable living, multiple income streams, and extensive functional land space. The main residence is currently rented for $1,200 per week, while the second dwelling offers vacant possession. With potential rental income across up to four separate zones exceeding $2,500 per week, the property promises flexibility and strong return prospects.
In summary, this property attracts buyers looking for spacious residential accommodation linked with substantial industrial and storage capabilities on a commanding and well-maintained 2.5-acre site within the Sunshine Coast region.
Local Market Insights
In Tanawha, Quiet Listings observed 35 new houses entering the market over the last 30 days, down from 46 during the previous 30-day period, with an average advertised asking price of $1,952,714. The property type mix of listed properties is predominantly Houses at 64%, followed by duplexes (12%), and units (9%). The most active agency for houses in the Tanawha area is currently Ray White, representing 29% of new listings, followed by McGrath Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Tanawha QLD 4556
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