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5 Toorbul Street

Bongaree QLD 4507

  • 3 Bed
  • 2 Bath
  • 2 Toilet
  • 2 Parks
Price On Application
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WATERFRONT MIXED-USE PROPERTY – DUAL INCOME & DEVELOPMENT POTENTIAL

Nestled along the picturesque waterfront of Bongaree, just a stone's throw from the Jetty, stands a truly remarkable establishment that blends the charms of coastal living with exceptional investment potential. Overlooking Brennan Park and Pumicestone Passage, this unique property offers both residential and commercial opportunities, with future scope for redevelopment (zoned Mixed Use with 21m building height – up to 6 storeys).

RESIDENTIAL RETREAT

At the rear, accessed privately via Toorbul Lane, a serene residential sanctuary awaits. The residence comprises:

3 generously sized bedrooms, including a master suite with walk-in robe, ensuite, and abundant natural light

Built-in robes to additional bedrooms

Open-plan lounge and dining, designed for comfort and flow

Double carport plus lockable storage (shipping container)

Renovations and structural works already completed – ready for your finishing touches

This layout offers a private haven, perfectly balancing the vibrancy of the commercial frontage.

COMMERCIAL FRONTAGE

Facing the bustling Toorbul Street café and dining strip, the wide 11.4m frontage ensures high exposure for any business. Currently fitted as a café kitchen, the space is adaptable to a wide range of uses:

Café, wine bar, or restaurant with take-out facilities

Office or professional services

Retail showroom or mixed-use enterprise

Features include:

Dedicated customer facilities (toilets)

Direct footpath frontage for food/coffee service

Dual access via Toorbul Lane and Toorbul Street

3-phase power connection

No asbestos

DEVELOPMENT & INVESTMENT UPSIDE

Land size: 500sqm (approx.)

Zoning: Mixed Use (rare on Bribie Island)

Height limit: 21m (up to 6 storeys)

Dual income potential – Live onsite while running a business, or rent both spaces separately

Future capital growth assured with Bribie Island's rapid expansion

LOCATION

Prime position opposite Brennan Park and the waterfront with stunning sunset views

Moments from Bongaree Jetty, a hub for tourist vessels and leisure activities

Surrounded by cafés, restaurants, and boutique businesses

Short drive to Brisbane and Sunshine Coast airports

Bribie Island continues to grow rapidly with new estates, a recently completed satellite hospital, and bridge duplication in planning

WHY THIS PROPERTY?

✔ Dual income opportunity – live and work onsite
✔ Rare mixed-use zoning on Bribie Island
✔ Outstanding exposure in a thriving commercial precinct
✔ Lifestyle and investment combined in one exceptional package

This property is ideal for an owner-occupier wanting a lifestyle change, an investor chasing dual income, or a developer looking to secure a future landmark site.

The options are endless.

DISCLAIMER: Elders Real Estate Woodford/Kilcoy & Bribie Island, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem reliable. However, no representations or warranties of any nature are given, intended, or implied. Any interested parties should rely on their own independent inquiries.

Features

General Features

  • Property Type: House
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Areas: 1

Indoor Features

  • Toilets: 2

Outdoor Features

  • Carports: 2
  • Shed

Other Features

  • Close to Schools
  • Close to Shops
  • Partial Fit Out
  • Water Front
  • Water Views

Can I afford 5 Toorbul Street?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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