319 Oak Forest Rd, Kuranda, QLD 4881

House 4 2 2
Price: $570,000
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Kuranda Acreage Homestead
The Phone Code for this property is: 58031. Please quote this number when phoning or texting.

This property was custom-built in 2010 by the current owners therefore much larger than commercially built homes.

It was built to accommodate two teens at one end of the home, a younger child in the middle and a parent's retreat at the opposite end of the home.

The teenager end of the home consists of two extra-large bedrooms, a bathroom, the laundry and third slightly smaller bedroom.

The centre of the home is open plan with the kitchen and entertainment area, this area has access to theatre room and outside decks at the front and rear of the home.

The parents retreat end of the home has an office, extra, extra-large bedroom with ensuite including a large floor to ceiling window overlooking the rainforest and a private outside deck area.

Other Features
-3.3 Acres
-8x10 Powered Shed/Workshop
-Single Car Carport
-Firepit entertainment area
-Established Gardens including fruit trees
-Established Lawn
-Fully Fenced
-Granite Bench Tops
-Large Theatre Room (could be converted into a 5th bedroom)
-Bore Water

Other Information
Council Rates are managed by local Accounting Business Barron Tax, the rates are currently $294 twice yearly. The rates are low due to the title being Tenants in Common. This is a cheap way to own acreage and very common in this part of Kuranda.

What is Tenants in Common?
The entire lot of land is not formally subdivided, it is 80 plus acres of land which has been divided up into different size lots which are allocated to different owners. This lot is 3.3 acres. The lots are part of a plan held by council so they know who owns what. As the title is only one the rates are managed by Barron Tax to ensure we all get a bill for the correct amount based on what we own, they also ensure all owners pay, Barron Tax collect the monies and pay the council on our behalf.

Current owner does have a mortgage with ANZ, please note due to the title banks require a min 20% deposit.

Important Update 31/1/24: I have been advised by Mareeba Council as the home has been built to council standard and all approved by council it is highly likely council will approve an application for Sub-division. Due to solicitors advising our buyers not to buy the property due to it not having set boundaries (tenants in common) I have been forced into preparing an application for sub-division. Please note: the value of this property will increase in-line with similar homes in the area once we have sub-division approval in place. I am still open to offers prior to gaining sub-division approval at current asking price if someone can see the potential for sub-division and increased equity.

Outdoor pics are recent, indoor pics are old due to home still being occupied, inside has changed a little here and there.

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

Modern Bathroom, Modern Kitchen, Entertainment Area, Garden, Level Lawn, Pet Friendly, Rainwater Tank, Unlevel Lawn, Close to Schools, Close to Shops, Close to Transport, Nature Property, Ensuite, Gas Enabled, Pay TV Enabled, Study, Dishwasher, Grey Water System, Living Area, Fully Fenced

Keylaw provides residential conveyancing services in Queensland. Please call Sam on 0457 106 910 or email contracts@keylaw.com.au.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 58031 when prompted.

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