155-157 Long Road Tamborine Mountain, QLD 4272

Ideally located on the Gallery Walk precinct, along a ridge on Mt Tambourine, this modern architect designed fully leased commercial gallery and 4 bedroom residence (plus study and gallery area) is a classic strategic investment property anchored by strong tenants with very established businesses.

With a huge 48.8m* frontage to Long Road the property consists of 1,755m2* of land ensuring it is one of the largest commercial holdings in the street.

More importantly the property is located virtually opposite the soon to be completed public carpark (and buses) which is a vital addition needed for the commercial strip. The next stage after completion of the public car park is the extensive new pedestrian and road improvements to further improve the commercial amenity of the area for visitors and residents alike.

There are a number of different opportunities to increase return including AirBNB for the home, new commercial coffee shop tenancy and improving returns from existing tenancies.

• $106,677.32 net income + GST + Outgoings
• Modern architect designed Shops x 3 totaling 185m2*
• 4 bedroom (196m2*) timber residence with study and functional gallery area
• Land area 1,755m2*
• 15 Car parks on site
• Opposite the huge soon to be completed new Public carpark (and bus)
• Information Memorandum available
• Inspections STRICTLY through the marketing agent by appointment and highly recommended

Contact listing agent for further information or to inspect.

*Approx*.

Disclaimer: Ray White 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 Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Auction: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.