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Lot 2 Illinbah Road, Ferny Glen, QLD, 4275

2. Property Highlights

Vendor's Instructions are to Sell Now and Bring all Offers.

Incredible chance to create something amazing and have the Government pay up to half of the cost. https://statements.qld.gov.au/statements/98343https://www.dtis.qld.gov.au/tourism/funds/growing-future-tourism 

This incredible property is only 10 minutes’ drive from Canungra, 35 minutes to the Gold Coast and under an hour to Brisbane.

The hamlet of Ferny Glen is a paradise, and this property is impossible to replace.

With a fully renovated home this property can immediately be lived in or used for weekend getaways or overnight Airbnb. With 3 bedrooms and 2 bathrooms and open plan lounge, dining, kitchen with covered outdoor areas, this property is ready to go.

In addition, there is the Development Approval for 7 luxury accommodation Villas and an additional 4-bedroom home providing more Airbnb or bed-n-breakfast opportunities for this potential eco-tourism property.

Current town planning discussions have stated that more Villas can be accommodated on the property and there is potential for multiple options on the plateau under the escarpment which could accommodate a wedding venue, high end accommodation or multiple other options due to the fantastic regional and mountain views.

Fantastic opportunity to take advantage of a current state Government grant that will match your development spend, dollar for dollar, up to $4m!!

The income potential on this property is endless.

It has the potential to run up to 80 head of cattle, with the immediate potential to agist the neighbours’ cattle and create a revenue, as well as goats and sheep.

In addition to the luxury accommodation villas, the current owners had plans for mountain biking trails, quad biking, walking tracks, horse riding, 4-wheel driving and multiple other tourism ventures. This property is fully fenced and runs from the top of the mountain peak to the fresh water of the Coomera River below, which runs along the property for more than 900 metres and provides beautiful swimming holes where platypus live… and they have been known to swim with the current owners!!

This property provides the perfect opportunity to fit straight into the growing demand for eco-tourism and with multiple income sources, the return on investment can be extremely strong, especially with the current grant in place. Alternatively, it would make an incredible lifestyle property for someone who wanted space and peace but still only be 10 minutes from Canungra.

Land of this type and size, and this close to the Gold Coast with a renovated house and DA for multiple others accommodation options, is as hard to find as it gets!!

To view the property or to discuss the development approval and additional potential in detail, please call Matt Mercer on 0418 769 584.

https://www.dtis.qld.gov.au/tourism/funds/growing-future-tourism 

Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

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3. Property Location

Lot 2 Illinbah Road, Ferny Glen, QLD, 4275

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4. Due Diligence

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Lot 2 Illinbah Road, Ferny Glen, QLD, 4275 Ferny Glen
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