- 5 bed
- 5 bath
- 2 Parking Spaces
- Land is 52.08 hectare
- 2 Garage
- Street View
128-acre Farm - 6 Figure Passive Income!
Situated in the heart of the picturesque Sunshine Coast, this exceptional 53-hectare (128-acre) freehold rural land presents a unique and lucrative opportunity that deserves serious consideration. The property is divided into two distinct parts – the residential area spread over 20 acres, perfect for cattle or equestrian pursuits, and the separate sand extractive industry, which generates a substantial passive income for the owner.
At the heart of this remarkable estate lies a magnificent 5-bedroom, 5+1 bathroom house, meticulously designed with no expenses spared. This elegant residence is tailor-made for large families and offers ample space and luxurious amenities. As you step inside, you’re greeted by a spacious study conveniently situated at the front entrance, ideal for those running a home business, allowing clients to visit without accessing the rest of the house. Adjacent to the study is a formal lounge boasting a charming fireplace, perfect for hosting formal gatherings and entertaining guests.
The main living area, characterized by its open-plan design, encompasses a family room, dining area, and a state-of-the-art kitchen. The modern kitchen is equipped with high-end Fisher and Paykel gas/electric appliances, exquisite stone benchtops, a walk-in pantry, and a wine galley. Adjacent to the family room is a theatre where you can enjoy your favourite movies or immerse yourself in thrilling sporting events like the State of Origin.
The guest accommodation is generously sized, featuring its own ensuite and two walk-in robes – one directly accessible from the bedroom and the other from the ensuite. Upstairs, you’ll find four additional bedrooms, along with a central rumpus room serving as an informal TV lounge, providing entertainment space for family members without disrupting those downstairs. The grand master bedroom boasts a private retreat, balcony, his and her dressing areas, and a lavish ensuite with twin sinks, a bathtub, shower, and toilet. Bedrooms 2, 3, and 4 also offer their own ensuites and walk-in robes, all opening out to the rumpus room.
The house is designed to be environmentally friendly and self-sufficient, featuring 45,000-litre rainwater tanks, a 9.6KW solar system, twin Chromagen electric hot-water systems, and a spacious laundry with easy outside access.
Additionally, the property includes two well-constructed sheds. A recently built 7×17.5m Colorbond 5-bay shed with a concrete floor sits adjacent to the house, offering ample storage for farm machinery, boats, caravans, and horse floats. On the other side of the farm is a 9×17.5m lockable shed with a concrete floor and an 8.3m wide skillion roof attached provides even more storage space.
One unique aspect of this property is the separate sand extraction industry, known as “Onesand,” located at the other end of the farm and discreetly concealed from the house. The current owners receive a monthly royalty payment from the operator, amounting to a substantial six-figure annual sum. The sand extraction area spans approximately 46 hectares (113 acres) and contains ample sand deposits for future extraction. The operation is meticulously managed, employing dredging in the lakes, sand pumping, and screening before sale. All necessary industry and environmental approvals are in place, making it a valuable and secure venture.
The current lease for “Onesand” runs to 2025 with a two-year extension. The lessee has expressed an interest in a possible lease extension with the option of relinquishing a portion of the area (the large lake) to the property owner in exchange for say a ten-year lease. If this was negotiated, then this would free up and give access to the property owner whereby work could start on the filling and remediation for future uses.
The remediation of the sand extraction area is a definite feature of the property and should not be dismissed. Once the sand has been taken out, the land owners will have a large area of approximately 113 acres whereby they can remediate the area for tourism or commercial activities – (subject to council approval).
The 20 acres around the house also has exciting development potential, with an application already lodged with the council to rezone a portion of the land to rural residential land. If successful, this could open doors to further opportunities.
The neighbouring area of Glenview is poised to become a major tourist precinct for the Sunshine Coast, with attractions like the highly anticipated surf park and the planned BIG 4 caravan park (Glenview par 3 golf course site) located just 2 km away. The renowned Australia Zoo is a mere 10 km to the south, and the Aussie World theme park is situated 8 km to the north fronting the Bruce Highway.
With Mooloolaba Beach a short 23-minute drive away, Noosa reachable in 50 minutes, and Brisbane International Airport just a 1-hour drive away, this centrally located property is poised to play a significant role in the future development of the Sunshine Coast. It offers not only an opportunity for substantial passive income but also the chance to contribute to and benefit from the area’s progress.
The current owners are selling the property due to retirement, presenting an incredible chance for potential buyers to acquire one of the key landholdings in this promising area. A detailed Information Memorandum is available to interested parties, and inspections can be scheduled by appointment.
For further information and inquiries, interested parties are encouraged to contact the experienced marketing agent, Greg Young, a reputable Sunshine Coast real estate agent with four decades of industry experience. He can be reached at 0488 238 988.
Don’t miss this golden opportunity to own a truly one-of-a-kind property with diverse income streams and immense development potential.