Hinterland holding a rare opportunity
ONE of the largest privately owned properties on Tamborine Mountain in the Gold Coast Hinterland has hit the market for the first time in 100 years.
The rare parcel occupies 30.2ha of prime, elevated land on North Tamborine, presenting an exciting opportunity for a range of interested stakeholders.
“A 30ha site in Tamborine Mountain is extremely rare,” said marketing agent Tony Williams of Ray White Special Projects Queensland.
“The response locally has been really, really strong because it’s such a well-known property on Tamborine Mountain.”
The property, at 272 Main Western Rd and Esme St, has been held for three generations by the Edens, a prominent family on Tamborine Mountain who originally ran a dairy farm.
The Edens no longer live on the land, with a caretaker now residing in the original four-bedroom brick homestead.
Mr Williams said a town planning report was being prepared on the land, which is zoned both rural and rural residential and encompasses 12 lots with 12 titles.
The lots range in size from 1.445ha to 8.288ha with the holding being offered as a whole.
“The potential uses could be associated with tourism or an eco type of use, subject to council approval,” Mr Williams said.
“Alternatively, someone could come in and potentially utilise the existing 12 titles and sell them off individually. There aren’t many opportunities on Tamborine Mountain to do that.”
Tamborine Mountain is a popular destination for locals and tourists, being perched on a picturesque plateau behind the Gold Coast and one hour from Brisbane.
This highly usable land has a gentle gradient from the western side to the eastern boundary, where there’s plentiful access to water from wells and bores.
Launched last week, Mr Williams said inquiries had been strong with interest coming in from a broad range of stakeholders.
“There are groups from in and around the area who have an interest in the blocks individually,” he said.
“There are groups looking at it for agricultural purposes.
“There are also speculators looking at keeping a component and selling the other titles or alternatively selling them all.”
Mr Williams said it was impossible to put a price guide on the land, which is being offered under an expressions-of-interest “It’s such a unique holding that it’s very difficult to do so (offer a price guide),” he said.
“The Eden family have clearly owned it for a very long time so we need to go through a process which is really a market-driven outcome to see where the offers are.”
Expressions of interest close July 2 at 4pm. campaign.
WITH ALEISHA DAWSON & JANELLE ESTREICH