20 Main Western Road, Tamborine Mountain, QLD 4272 | Property Value & History | OnTheHouse
OFF MARKET

20 Main Western Road
Tamborine Mountain QLD 4272

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 4264m2
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Property Details for 20 Main Western Rd, Tamborine Mountain

Building Type
Commercial
Land Size
4264m2
Local Government
Scenic Rim Regional
Lot/Plan
1/RP907262

Last Listing description (March 2016)

COLLIERS INTERNATIONAL ON BEHALF OF THE OWNERS ARE PLEASED TO PRESENT THIS OUTSTANDING LAND HOLDING LOCATED IN A PRIME POSITION IN THE COMMERCIAL PRECINCT OF TAMBORINE MOUNTAIN. THE FLAME TREES PLAZA PROPERTY OFFERS A RARE OPPORTUNITY TO SECURE AN ACTIVE RETAIL CENTRE THAT HAS HOLDING INCOME WITH FURTHER SCOPE TO IMPROVE THE CASH FLOW OVER TIME WHILE RETAINING THE OPTION TO REDEVELOP THE BALANCE OF THE LAND OR TO RETAIN THE OWNERSHIP OF IT IN ORDER TO CAPTURE FUTURE GAINS. THIS 6,545M LAND PARCEL IS LOCATED OPPOSITE THE NEW IGA ANCHORED CENTRE WHICH HAS SERVED TO CEMENT THIS AREA AS THE RETAIL CENTRE OF GRAVITY FOR TAMBORINE MOUNTAIN. THE EXISTING RETAIL CENTRE OFFERS VIABLE OPTIONS FOR REPOSITIONING OR REDEVELOPING IN ORDER TO BOOST THE INCOME AND LEASE UP ANY VACANCIES IN ORDER TO MAXIMISE THE POTENTIAL OF THIS HISTORICALLY STRONG RETAIL LOCATION. THE BALANCE OF THE LAND AT THE REAR OF THE RETAIL CENTRE OFFERS NUMEROUS REDEVELOPMENT OPTIONS ON ACCOUNT OF ITS BUSINESS PRECINCT ZONING AND ITS CLOSE PROXIMITY TO BOTH THE IGA CENTRE AND THE PRESCARE ROSLYN LODGE RESIDENTIAL AGED CARE FACILITY. SOME OF THE MANY USES THAT ARE CODE ASSESSABLE INCLUDE A CHILD CARE CENTRE, SERVICE STATION, SHOPPING CENTRE, MARKET, FOOD ESTABLISHMENT AND SHOWROOM. COMMERCIALLY ZONED LAND IS IN SHORT SUPPLY IN TOURISM HOT SPOTS LIKE TAMBORINE MOUNTAIN WHICH BODES WELL FOR ITS FUTURE GROWTH PROSPECTS. WE STRONGLY ENCOURAGE YOUR INTEREST IN THIS IMPORTANT AND STRATEGIC LAND PARCEL AND INVITE YOU TO CONTACT US TO RECEIVE A COMPREHENSIVE INFORMATION MEMORANDUM. 6,545M PRIME LAND PARCEL ON TWO TITLES 460M OF RETAIL SPACE GOOD HOLDING INCOME FROM A VARIETY OF TENANTS INCLUDING SUBWAY INCLUDES A VERY LIVEABLE HOUSE AND SHEDS ZONED BUSINESS PRECINCT ALLOWING A WIDE RANGE OF NEW USES MAJOR EXPOSURE TO MAIN WESTERN ROAD LOCATED OPPOSITE THE NEW IGA CENTRE 3 STREET FRONTAGES WITH ACCESS TO THE ROUNDABOUTTHE PROPERTY IS AVAILABLE FOR SALE BY OFFERS TO PURCHASE.

Property History for 20 Main Western Rd, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$800,000
24 Mar 2017
Listed for Rent
$350/w
05 Aug 2011
  • 24 Mar 2017
    Sold for $800,000
  • 08 Mar 2016
    Listed for Sale Not Disclosed
  • 30 Mar 2015
    Listed for Sale Not Disclosed
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About Tamborine Mountain 4272

The size of Tamborine Mountain is approximately 42.5 square kilometres. There are 29 parks, covering nearly 16.1% of the total area. The population of Tamborine Mountain in 2016 was 7506 people. By 2021 the population was 8105 showing a population growth of 8.0% in the area during that time. The predominant age group in Tamborine Mountain is 50-59 years. Households in Tamborine Mountain are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tamborine Mountain work in a professional occupation.In 2021, 83.50% of the homes in Tamborine Mountain were owner-occupied compared with 79.00% in 2016.

Tamborine Mountain has 4,096 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 73.22% increase in median value, while Units have seen a 137.76% increase. As at 31 July 2026:

  • The median value for Houses in Tamborine Mountain is $1,261,148 while the median value for Units is $1,127,336.
  • Houses have a median rent of $800 while Units have a median rent of $468.
There are currently 68 properties listed for sale, and 11 properties listed for rent in Tamborine mountain on OnTheHouse. According to Cotality's data, 207 properties were sold in the past 12 months in Tamborine mountain.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.