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PRIVATE MTN HOME with VIEWS+3 COTTAGE INCOME+97 NOOSA ACRES

532 Black Mountain Rd, Black Mountain QLD 4563, Australia
$2,625,000

Description

The architect-designed, modern Federation-style, low-maintenance home is timeless and true to its Australian site on its own private mountain top! The 3 (or 4 with attached granny flat wing) bedroom, 3 bath, single level, open and versatile design brick 293 sqm home is entirely tiled with an imported Italian faux marble. The home is surrounded by a 223 sqm verandah and two acres of easy-care flat lawns and gardens and includes a solar-heated pool and deck, attached double garage with carports, 58,000 gallons in water tanks and a bore. The photos and video best display the home’s unique features and many comforts including wireless NBN. The home’s panoramic “million dollar” views toward Mt. Cooroora and distant landmarks in every direction are repeated in the lower acreage where the three cottages, a second large machinery garage, parklands, rock pond with waterfalls, gazebo, boardwalk, native tropical gardens, arboretums (8,000+ planted trees), 4 kms of bush walk or horse riding trails, fenced paddocks with dams, power supply and asphalt private driveways have been added. The home area is reasonably distant from the cottages area, distinctly providing separated space and privacy for both the owner and cottage guests.

The cottages were selected and featured on the January 23, 2019 “The Price Is Right” U.S. game show and has received Trip Advisors’ Hall of Fame award after serial Certificates of Excellence awards. Each 2 or 3 bedroom custom-built cottage (which many describe as “holiday homes”) is 80 sqm (the maximum Noosa Council size) with existing approval for two future cottages (+more with Council approval).The three cottages are “self-contained”, each with private lounges & laundries, complete kitchens, dining rooms, gas bbq patios, verandahs, double carports and native gardens. The cottages’ market value component consistently provides an 8-10% NET return, not including the property’s potential capital appreciation.

The new owner may continue or expand the GST-free complete sale of the current successful holiday cottage “part-time” and “lifestyle” enterprise (see Cooroy Country Cottages direct website for more details), always solely managed and maintained by its two owners. Other income options include converting the cottages to long-term rentals, capitalising on wedding venue requests, increasing livestock or agistment uses, or using the cottages for other business purposes (e.g. artist studios, boutique shops) or corporate rewards or training. The cottages might also serve extended family needs or the property simply converted to an impressive private family estate.

The remaining 90 acres are fenced and naturally maintained by grazing cattle and horses and comprise six paddocks and six dams with a livestock shed and an all-seasons creek rendering this property drought-resistant.

An 8 minute drive to Cooroy shops, 20 mins to Noosaville, 35 mins to Maroochydore CBD, and 1½ hour to Brisbane CBD or airports. Cooroy is adjacent to the Bruce Highway with two exits\access and the Queensland Rail station for the Noosa area.

Retirement awaits the current owners explaining this “once in a lifetime opportunity” for the new owner, the property’s second time on the market in thirty years. This is a rare trifecta; 1) prestige home with views, 2) self-managed “lifestyle\hobby business” with established income stream (including all furnishings, equipment, forward bookings), and 3) developed substantial Noosa acreage, all for the combined price and unique opportunity. No coastal or urban home property will ever offer the space, privacy, peace, safety, views, communion with nature, and controlled lifestyle income than this rural gem. Substantial price reductions have already been made to “meet the market” adding to this rare purchase opportunity.

Inspection only by appointment. Offers considered.

Contact Jim – Cooroy Country Cottages

Phone 07-5442-6819
532 Black Mountain Road
Black Mountain 4563
P O Box 830 Cooroy 4563
Queensland

 

 

Video

  • Address: 532 Black Mountain Road
  • Town: BLACK MOUNTAIN
  • Region: Southeast Coast QLD
  • Post Code: 4563
  • State: QLD
  • Country: Australia

Detail

Updated on March 12, 2019 at 5:06 pm

  • Price : $2,625,000
  • Land Area: 97 Ac
  • Bedrooms: 11
  • Bathrooms: 6
  • Garage: 12
  • Property Type: Acreage Semi-rural, Lifestyle, Specialty
  • Property Status: For Sale

Contact info

Private Seller
Private Seller
(03) 9001 5851

Enquire about this property

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