532 Black Mountain Road, Black Mountain, QLD 4563
HOME ON PRIVATE MTN+3COTTAGE INCOME+97 NOOSA ACRES
The home's panoramic "million dollar" dominant northern views (toward Mt. Cooroora, Mt. Pinbarren and Mothar Mountain, the Cooloola Sandpatch, and distant landmarks in every direction) are repeated in the lower approximate five acres surrounding the private mountain base. There you will also find the three cottages, a large two stall machinery garage, parklands, rock pond with waterfalls, gazebo, boardwalk, native tropical gardens, arboretums (8,000+ planted trees), 4 kms of private bush walk(or dog walk\horse riding\mountain bike\or quad bike) trails, seven fenced paddocks with six dams, power supply and asphalt private driveways added by the current owners. The home area is distant from the cottages area, distinctly providing separate space and privacy for both the owner and cottage guests.
Each 2 or 3 bedroom custom-built cottage is 80 sqm (the maximum Noosa Council size) with existing approval for two future cottages (+more with future Council approval).The award-winning current three cottages are "self-contained", each with private lounges & laundries, complete kitchens, dining rooms, gas barbecue patios, verandas, double carports and native gardens. The cottages consistently provide an annual 8-10% NET return (of its $1M market value component, apart from the home [$1M+] and acreage [$500K+] other component asset values) from the current part-time, typical weekend and holiday guest, enterprise before additional capital appreciations.
The new owner may continue or expand the GST-free complete "going concern" sale (price also includes all business furnishings, inventory, machinery, equipment and forward bookings) of the current "part-time" and "lifestyle" cottage enterprise always managed and maintained solely by its two resident owners. See the Cooroy Country Cottages direct website for more details, photos and videos. Simply mark the vacancy calendars as "sold\unavailable" when desired for family or personal holiday times.
If more income is your goal, other property options include constructing the additional cottages (for existing guest demand), converting all or some cottages to long-term rentals (or with some AirBnB short-term rentals), capitalising on existing wedding venue requests, offering livestock breeding or agistment uses, or using the cottages for other business purposes (e.g. wellness, rehab, retreat, training or corporate\organisation rewards use). The cottages might also serve your extended family needs, be future subdivided into separate lots, or the property entirely converted to an exclusive impressive private family estate with its rare four homes on one title.
The remaining 90 acres are entirely fenced, and currently naturally and completely maintained by grazing "pet" livestock (currently ten Dexter cattle and seven Welsh\Shetland horses). That property area comprises seven gated paddocks with six dams, a livestock shed and an all-seasons creek (i.e. the source of Middle Creek which flows west to the Mary River) rendering this property unusually drought-resistant. The acreage is partially forested with a combination of gentle slopes, terraces, and flat areas providing open grass pastures and water to support multiple livestock even during long dry seasons (vs. the feed purchases, water shortages and mowing costs of smaller acreages) or for your other chosen preferred use.
Centrally located within the Noosa Shire and Sunshine Coast region, a mere 8 minute drive to Cooroy shops, 20 mins to Noosa, 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 and foreign moves await the current elderly owners explaining this "once in a lifetime opportunity" for the new owner, the property's second time on the market over forty years. This is that rare trifecta; 1) prestige low-maintenance modern quality home with remarkable views, 2) entirely self-managed "lifestyle\hobby" business with ALL its furnishings, assets and reliable rewarding income stream, and 3) developed substantial easy-care idyllic Noosa acreage; all three quality components for one combined price. All the hard design and development work has been done, the extensive native landscapings matured, and the reputable cottage income stream established, which explains why all occasional maintenance tasks have always been easily and solely handled by its current two owners, or in the future by only two owners.
No coastal or urban home property will ever offer the space, privacy, tranquillity, clean air, health & safety benefits, views, communion with nature, relaxation, pet paradise, natural beauty or a controlled\balanced lifestyle part-time income than this rural gem, and without flood or rising sea level risks. Substantial price reductions have already been made to "meet the market" adding to this unique purchase opportunity for the worthy affording buyer(s).
Suited for foreign migrant buyers and permanent resident visa buyers without FIRB approval needed. ALL enquiries MUST include your full name, phone number, email address, current ABN (if applicable), financing %, and a brief explanation of your personal interest\intended use(s) as required conditions for either a seller reply or any scheduled viewing request. Please send enquiry (via "Get in Touch" button) and await reply without phoning. Please ONLY "Current", "Actual" and "AFFORDING" buyer enquiries! Viewing only by appointment for "pre-qualified" buyers.
The Phone Code for this property is: 44888. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features
Air Conditioning, Balcony/Patio/Terrace, Bath, Broadband, Built-ins, Deck, Dishwasher, Fireplace(s), Formal Lounge, Fully Fenced, Heating, Internal Laundry, Living Area, Modern Bathroom, Modern Kitchen, Pay TV Enabled, Remote Garage, Separate Dining Room, Study, Vacuum System, BBQ, Balcony, Courtyard, Entertainment Area, Garden, Garden Shed, Grey Water System, Level Lawn, Pet Friendly, Rainwater Tank, Secure Parking, Shower Facilities, Swimming/Lap Pool, Workshop, Close to Parklands, Close to Schools, Close to Shops, Close to Transport, Quiet Location, Views, Nature Property, Prestige Property, Resort Property, Non Smoking, Website Featured Property, Ensuite, Furnished, Storage Area, Retirement Property
Keylaw provides residential conveyancing services in Queensland. Please call Sam on 0457 106 910 or email contracts@keylaw.com.au.
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