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505 Allambie Lane

Gumlow, QLD 4815, Australia
$1.42m
7 bed 6 bath 15 car

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Area Price Guide
$1.33m$1.51m

Indicative price guide range

🏘️
52
Comparable
📊
$599,000
Area median
⚖️
+137%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

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About this property

An extraordinary opportunity awaits at 505 Allambie Lane in Gumlow, a rare, expansive parcel that combines rural lifestyle appeal, proven business potential, and long-term development upside. Located in a semi-rural pocket on the outskirts of Townsville, this property sits within a locality experiencing increasing development interest and growth. Gumlow is known for its peaceful open spaces, large lot character, and mix of rural-residential and horticultural land. This property is already operating as a well-known regional attraction the Townsville Barra Fun Park offering established infrastructure and long-term income potential. The 25-acre landholding includes not only the fun park but also accommodation, manager's residence, licensed café/kiosk, and large shed facilities, positioning this as a rare lifestyle business + land investment. For visionary investors or land-bankers, the size and location of 505 Allambie Lane present a strategic long-term play. Gumlow's zoning and land use characteristics support rural-residential living, hobby farms, and potential reconfiguration into smaller lifestyle or rural lots (STCA). With expanding interest in the area, and its proximity to Townsville, land like this with established income generation is becoming highly sought after. Gumlow is under the radar for many, but that is changing fast nearby major estate developments and infrastructure investments are drawing attention to its growth potential. As regional demand rises, properties like Allambie Lane offer both stable current cash flow and optionality for future subdivision, re-zoning, or even expanded lifestyle enterprise. Whether you're looking to take over a profitable business, hold an iconic lifestyle land bank, or explore development potential, 505 Allambie Lane is a rare strategic acquisition. The value is in both the day-one income and the future opportunity this is a property you don't just buy, you shape. Contact Altora Global

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $6,884/month
    $3,442 /fortnight
    Loan $1,136,000 at 6.10% over 30 years

    Upfront costs

    Deposit$284,000
    Stamp duty$62,175
    Conveyancing (est.)$2,000
    Total upfront$348,175
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    7
    Bathrooms
    6
    Parking
    15
    Listed
    1 month ago

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