Expression of interest - Closing by 5pm - 3rd October 2025

PLEASE USE DRIVEWAY AND GATE OFF 21 EASTERLY STREET FOR ALL OPEN HOME INSPECTIONS. Thanks

Split over two defined parcels (residential and commercial), the commercial approved portion with exclusive access off Waterford Tamborine Rd, offers a substantial return at more than $330,863.00+ p/a anchored by a locally established, independent landscaping and gardening business, under a 5-year lease, plus 3-year option.

Directly off Easterly St from the southern end boundary, the residential holding accessible via its own driveway, features a high-set 3-bedroom home offering an ideal perfect retreat for residents. The house has been partly renovated with further works underway, while a DA approval is in place for an extension, representing a flexible enhancement opportunity to further increase both the property's value and overall ROI.

In front of the main residency boarding a large tree lined dam, you will find plenty of room for an orchard, hobby farm, or small-scale agistment, which over time has been a haven for native birds and wildlife.

From an investment perspective, other similar acreage homes rent between $700.00 - $900.00 per week, with the current owners agreeable to lease the property back for the first 12 months, giving you immediate additional income of approx. $36,400.00 p/a from day one.

While at the southern end of the property directly off the Easterly St access, sits a further 4,500m2 of hardstand profile. Although not council approved, this area could offer the new owners even more uplift potential. (STCA)

Property Features Include:
• 3.64 ha or just under 9 acres of land
• Commercial lease income of $294,363.00 p.a. net (+GST + Outgoings), with 5 + 3-year term
• Residential rental appraisal - $700.00 - $800.00 p/w ($36,500.00+ p/a)
• Additional income options for the savvy.
• Optional adverting signboard leases, $600.00 p/m ($7,200.00 p/a)
• Potential 4,200m2-4,500 m² profiled hardstand (STCA)
• Upgraded aggregate driveway profiling
• DA-approved residential house extension
• Independent electricity meters
• Leafy green tree lined dam with scenic driveway
• Walking distance to Canterbury Collage
• Waterford State School and Loganlea State High School catchments
• Growing suburbs within expansion corridors
• 25 km to Brisbane CBD, 20 km to Gold Coast
• Direct access to the M1 and Logan Motorway

Whether you're looking for a home to settle in or an investment that provides both lifestyle and a high ROI (return on investment) this site delivers on all fronts.

For more information or to arrange a private viewing please call or text Steve Landeta

Disclaimer: While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

85 Waterford Tamborine Road, Waterford

3603 Mount Lindesay Highway, Boronia Heights