RWC Gold Coast are thrilled to present 930 Tamborine-Oxenford Road, Wongawallan for sale by Public Auction. The property presents a rare chance to secure a thriving business and valuable real estate asset with a reliable, long-term tenant and substantial investment.
Situated on two titles, the expansive 4.12 ha* property features over $1 million in recent infrastructure upgrades to ensure modern, well-maintained facilities. The well-established tenant Bamboo Down Under, Australia's largest bamboo wholesale and retail supplier, has flourished on this site for over 21 years.
Key Property Features:
• Strong net income of $314,700* p.a. + GST
• Triple net lease with options through to 2048 - Currently 1.5 years into a 10-year term, with 3 x 5-year options until 2048
• Expansive 4.12ha* property over two titles
• Two residences and four separate water sources (two drinkable spring water bores)
• Approximately 90 years remaining on the license to irrigate from the creek, plus a recycling water plant that captures irrigation run-off and rain water
• Strategic location on a high-traffic road leading from the heart of the Gold Coast to the popular tourist destination of Tamborine Mountain
• Easy accessibility to the M1 and strong visibility to over 75,000 cars* weekly
930 Tamborine-Oxenford Road is being offered for sale via Public Auction at 'The Event' to be held on Monday, 27 January 2025 at 10am (AEST) at the RACV Royal Pines Resort, Benowa, Gold Coast. For more information or to arrange a private inspection, please contact the exclusive marketing agent.
*Approximately
Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
