Back 8 Wongawallan Rd
Off Market

8 Wongawallan Rd

Tamborine Mountain QLD 4272

3
1
6
925 m²
House
Armand PirlogArmand Pirlog, last sold this property on 10 November 2024 after 30 days on market.

Overview

Premier Residential and Commercial Offering on Tamborine Mountain - Over 7% Yield

Welcome to Tamborine Mountain's premier property offering, located at the coveted Fig Tree Roundabout and marking the gateway to the renowned Gallery Walk strip. We proudly presents this exceptional multi-use property to the market, representing a unique investment opportunity. This remarkable property, inclusive of a thriving business and select fittings, is available for purchase, making it an ideal turnkey venture. The current owners have reaped the rewards of this prime location, strategically positioned to capture the attention of approximately 2.2 million annual tourists flocking to Tamborine Mountain. Now, they entrust this iconic establishment to a new generation of visionaries. Adding further allure to this remarkable proposition, the Scenic Rim Council has recently acquired 128 Long Road as part of an ambitious beautification project. This project envisions an additional public car park and a comprehensive upgrade of the public spaces along Gallery Walk, undoubtedly enhancing the intrinsic value of this prized tourist precinct. Key property features include: 1. Spacious Ground Floor: Boasting 180 sqm* of ground floor retail and showroom space, complete with its own amenities, providing an inviting canvas for your creative endeavors. 2. Residential Charm: A two-bedroom first-floor unit complete with a sunroom and office space offers comfortable living quarters or additional rental income potential. 3. Exclusive Parking: Enjoy the convenience of an exclusive car park, ensuring your patrons and visitors have hassle-free access to your establishment. 4. Prime Exposure: Revel in the unparalleled exposure this property commands, set in the heart of Gallery Walk, ensuring your business is prominently displayed to the bustling tourist foot traffic. 5. Meticulous Maintenance: The building is impeccably maintained, exuding a sense of quality and professionalism that resonates with both locals and visitors. 6. Versatility: This property's flexible zoning allows for a range of potential uses, accommodating a diverse array of business ventures. Don't miss this rare opportunity to secure a piece of Tamborine Mountain's history and establish your own legacy. Contact our exclusive agents today to arrange a private inspection and discover the endless possibilities that await you in this prime location. Seize your chance to own a slice of this enchanting and vibrant community.

Features

3 bedrooms
1 bathroom
6 carspaces
6 carport spaces
925 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Tamborine Mountain over the last 12 months, the estimated median property value of 8 Wongawallan Rd is $1.09m.

Median value
$1.09m
Estimated value range
$800k - $2.2m
Median days on market
45
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tamborine Mountain. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Wongawallan Rd

2024
Sold
Undisclosed
10 Nov 2024 by Armand Pirlog, of Oxbridge Australia - QLD
2019
Sold
$712,500
27 Feb 2019 by Paul Edwards, of Professionals Serendipity Real Estate - Tamborine Mountain

Happy sellers in Tamborine Mountain

84%
84% of sellers in Tamborine Mountain reported that their sale price either exceeded or met their price expectations.

Tamborine Mountain stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 76 reviews in Tamborine Mountain over the last 12 months.

Local market activity for 3 bedroom houses in Tamborine Mountain

In the last 12 months, 74 three-bedroom houses similar to 8 Wongawallan Rd, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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