196 Lake Macdonald Drive Lake Macdonald, 4563 QLD
Prime Acreage with Income & Dual-Lot Potential
Set across a beautifully cleared and productive parcel of land, this exceptional rural holding offers a rare blend of lifestyle, legacy, and investment potential. Formerly home to Murphy & Nowland Wholesale Nursery, which operated successfully for over 40 years before closing in 2024 following the owners' retirement, the property now presents an exciting blank canvas for discerning buyers seeking space, versatility, and long-term value in a tightly held hinterland location.
While much of the original nursery infrastructure has been removed, a fully operational propagation facility remains, complete with cutting and potting benches, hotbeds, a misting tunnel, and an expansive shaded growing area with grow-out tables. This infrastructure lends itself seamlessly to leasing to a commercial grower, owner-operation as an income stream, or continuation as a premium horticultural pursuit.
Further enhancing the property's commercial appeal are three large shade houses positioned elsewhere on the land. These structures offer the opportunity for additional income generation or may be sold for removal, with strong market demand currently in place.
Water security is a standout feature, providing confidence for both lifestyle and commercial use. The property is supported by a large deep irrigation dam, a creek that runs for most of the year, and a reliable town water connection - an increasingly rare and highly valuable combination.
The original residence, built in the late 1980s, reflects its era and has seen better days; however, with vision and care, it offers the opportunity to be transformed into something truly special once again. Whether renovated and enjoyed or leased while future plans take shape, it provides flexibility for a range of buyers. A small office building remains on site and offers excellent scope for conversion into guest accommodation or a private studio.
Multiple elevated and cleared building sites present the ideal setting to create a bespoke dream residence, capturing the very essence of refined hinterland living.
Ideally located just five minutes from the heart of Cooroy and under 30 minutes from Noosa's iconic main beach, the property delivers the perfect balance of privacy and convenience. With potential to subdivide into two lots (subject to council approval), this is a compelling opportunity for owner-occupiers, investors, or those seeking a premium rural lifestyle with genuine future upside.
Highlights:
• Subdivision potential into two lots (STCA)
• Multiple elevated and cleared building sites suitable for a future dream home
• Established rural property with a proven history of productivity and income
• Formerly operating as a nursery for over four decades
• Operational propagation facilities including cutting and potting benches, hotbeds, misting tunnel and shaded grow-out areas
• Substantial shade houses & hot house offering income generation or removal options
• Exceptional water infrastructure with deep irrigation dam, seasonal creek and town water connection
• Late-1980s 4-bedroom residence with separate office & studio
• Just 5 minutes to Cooroy township
• Under 30 minutes to Noosa's iconic coastline
This residence represents an exceptional opportunity, for more information please contact Damon Gore from Countryside Realty on 0401 115 816
* PLEASE DO NOT ENTER THE PROPERTY WITHOUT AN AGENT *
Disclaimers: The information provided in this marketing material is intended for general informational purposes only. While every effort has been made to ensure the accuracy of the details, the seller/agent/agency makes no representations or warranties, express or implied, regarding the completeness, reliability, or availability of the information. Prospective buyers are advised to independently verify all information, including but not limited to, square footage, property boundaries, and any other material aspects. The availability of the property and pricing are also subject to change. Neither the seller nor the agent/agency will be held liable for any discrepancies or misunderstandings arising from the marketing material.
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Contact
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Damon Gore
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Robyn Kildey