Noosa Hinterland Acreage - Shop, Salon & Homes - Invest or Occupy

1 Kingsgate Drive, Tinbeerwah, 4563

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15 AUDEst. Mortgage: AUD 0/monthFor Sale
  • Ownership Type Acreage/semi-rural
  • Property Area 0 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 5

Property Overview

This beautiful corner block in tightly held Tinbeerwah presents multiple opportunities for either an investor or owner occupier. The property is one of the only commercial sites available in this popular hinterland location, which is just a short drive from Noosa.

The commercial component of the property comprises the very popular Orange on Sunrise Pizza restaurant, along with the Bobby Pin hair salon. Both of these tenancies are currently leased until 2022, with a further 2-year option.

This main building also comprises an immaculately presented 3 bedroom, 2 bathroom home. It has a large timber deck overlooking a fenced yard, suitable for a small pet. This home is also currently tenanted. Adjacent to the home is ample parking and a double garage with workshop/storage area – accessed via a second driveway.

The shops are accessed by separate entries and a fully fenced, 9 bay parking area.

The commercial tenancies and tenanted home currently return $53,560 gross per annum.

The property also comprises a fully approved secondary dwelling, currently occupied by the owner. It includes 2 bedrooms, 1 bathroom and a double lock-up garage/shed. A private courtyard overlooks tranquil tropical gardens. This dwelling is accessible by another, third private driveway. There is also an opportunity for this dwelling to return a further $23,400 per annum* as a permanent rental.

All components of the property are council approved and it has ample rainwater storage and wastewater treatment. The gardens also benefit from a water bore.

Summary of property features:

+ 1 hectare* corner block with dual street access
+ "Orange on Sunrise", the popular local pizza shop servicing the hinterland region
+ Bobby Pin hair salon
+ 3 bedroom, 2 bathroom home (currently tenanted)
+ 2 bedroom, 1 bathroom secondary dwelling (currently owner occupied)
+ 2 large double garages plus workshop space
+ Separate lock up storage shed
+ Beautiful, well maintained tropical gardens

This property represents a rare opportunity to purchase in this sought-after location, with multiple income streams. Contact exclusive agent, Louisa Blennerhassett for further information.

*Approx.

Location on Google Map

1 Kingsgate Drive, Tinbeerwah, 4563

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