Don’t miss out on this incredible investment opportunity to secure a freehold commercial property in the heart of the renowned tourist destination, Gallery Walk, on Tamborine Mountain. With an impressive gross return of over 9%, this property promises excellent returns and a dynamic tenant mix. Located in a highly sought-after area, this is your chance to own a piece of this vibrant hinterland hotspot.
The 4 shops are all fully leased with long term tenants
~ Shop 1: approx. 60m2 plus lots of outdoor verandah area
~ Shop 2: approx. 35m2 currently leased
~ Shop 3: approx. 25ms currently leased
~ Shop 4: approx. 30m2 currently leased
Property Details:
Location: Gallery Walk, Tamborine Mountain
Land Size: 966m2
Exceptional Foot Traffic: Situated in a prime location with fantastic foot traffic and excellent exposure.
Income-Generating: Currently hosting 4 thriving shops and a 3 bedroom house used as an Airbnb. It can also be used as a Long Term Rental. This property offers a great return on investment.
Cosmopolitan Charm: The property boasts fabulous cosmopolitan street appeal with an extensive front timber deck, perfect for alfresco dining and wine tasting.
Convenient Parking: Rear parking facilities, including a single garage and carport, provide convenience for both tenants and customers.
Additional Income: A charming 3-bedroom, 2-storey cottage at the rear of the property is currently rented, providing an additional income stream.
Fully Refurbished: All timber buildings on the property have been fully refurbished, ensuring a modern and attractive appearance.
This is a rare opportunity to own a piece of the thriving Gallery Walk, Tamborine Mountain’s premier tourist destination. The property’s dynamic tenant mix, excellent location, and strong returns make it an ideal investment choice.
The vendors are highly motivated to sell, and this property is being offered at a realistic price. Don’t wait – seize the opportunity to secure this prime commercial property and start enjoying the impressive returns it offers. Act now, as properties like this don’t stay on the market for long!
For more information or to arrange a viewing, please contact us today. Don’t miss your chance to be a part of the Tamborine Mountain success story.