116 Main St Montville QLD 4560
Reduced to $899,000

DESCRIPTION

Opportunities don't come much more cracking than this.... a 1241m2 East facing allotment with a 40m frontage to Main St and Local Centre Zoning. There is the potential to develop with fully council approved architect designed plans already in place for residential units and commercial space complete with alfresco dining. The second level of the development, or other additions, would boast ocean views.

Presently, there is a residence on the block; tastefully renovated with lashings of Hampton's inspired decor. The home consists of four bedrooms, two bathrooms, and open plan living areas. Currently rented out, the house is on stumps and could be relocated....it's a charming home and would suit many hinterland locations.

The current development approval comprises of 9 x residential apartments and 3 x commercial spaces. Including the alfresco dining area the commercial space totals 275m2....this is a superb location for a restaurant. Alternatively, the commercial area could be used for retail and / or office space.

Montville is one of the most popular hinterland tourist destinations, not just for day-trippers from Brisbane and the coastal strip, but also for short-term stays. An historic village that has protected its charm and character. Montville offers visitors a collections of boutique dining establishments, leafy parks, specialist retail, winery, galleries and cottage industries.

A stunning new chapel has been built, which has attracted solidly booked weddings, and Montville is one of Queensland's most popular wedding destinations. With the equality of marriage plebiscite passed in late 2017, there has been a surge in demand for wedding venues and nearby accommodation for guests.

With the increasing population swell along the coastal strip, particularly from Maroochydore through to Caloundra in the south, and the resultant emergence of high density living, there is a demographic of residents making the move to the hinterland to embrace lower density living and a peaceful, relaxed lifestyle in picturesque lush surrounds. As the coast booms, the hinterland also benefits, without losing the essence of what makes it special.

Right now is an opportune time to invest in this prime slice of Main Street Montville, and either develop or landbank ....because this pocket of bliss is on the cusp of economic acceleration in the very near future.
* Premium development site in the heart of Montville, walk to the village amenities including dining, wedding chapel,parks, galleries,and boutique retail;

* 40m frontage to Main street in the " Local Centre Zone."

* 1241m2 block----- East facing , tastefully renovated 4 bedroom home ---on stumps ,

this is removable to another site.

* Ocean views would be realised with the addition of a second level.

* Council approved, architectural plans for 9 residential apartments and 3 commercial spaces, including the alfresco dining area . The commercial space totals 275m2.... This is a superb location for a restaurant .Alternatively ,the commercial area could be used for retail and / or office space.

* Montville is a booming wedding location with short term accomodation for guests and dining venue for receptions in high demand, and on the increase.

* Just 15 minutes to Maleny, 30 minutes to coast and beaches, and 70 minutes to Brisbane.

* Montville is a tourist destination for day trippers and overnight visitors.

* There has never been a better time to invest in your slice of a prime parcel of this delightful historic village. ...start developing or land bank ....explore the potential!
Contact Agent for further details and copy of existing approved plans.

Property Code: 93