Boutique mountain retreat loved by celebrities on the market
This award-winning retreat on Tamborine Mountain blends country-chic design, VIP pedigree and serious earning potential in Queensland’s Scenic Rim.
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A boutique mountain retreat that has welcomed a long list of VIP guests has come to market in Queensland’s pristine Scenic Rim.
The Tamborine Mountain property, known as Verandah House Country Estate, is owned by designer Judy and Lawrence Pereira.
The couple bought the rundown B&B compound in the Gold Coast hinterland back in 2022 for $2.5 million. It was then transformed into a secluded child-free holiday spot where the high-profile guests have included the extended Irwin family, Jude Law and a bevvy of sports stars.
Listed via an expressions-of-interest campaign through Sotheby’s International Realty Main Beach agent Blake McDonald, the vast 2ha property has no official price guide. Under Queensland real estate law, agents cannot publish price estimates.
Judy Pereira, co-founder of Verandah House Interiors, has more than three decades of experience as a designer styling homes across south east Queensland, and even a private super yacht. The Pereiras are reportedly travelling and seeking out their next renovation project.
Her creative stamp on the mountain-top getaway features country-chic interiors with eight Ralph Lauren-inspired guest rooms that have fireplaces, bespoke French oak furniture, private outdoor spaces, and panoramic district views that capture Springbrook, Beechmont, Mount Warning, and the Gold Coast skyline.
The award-winning resort is famed for its spa facilities, including a day spa, an infrared barrel sauna, an ice bath, an outdoor cinema, fire pits, and expansive landscaped gardens. There is also a large pool area with an additional fire-heated cedar spa and direct access to the mountain’s walking trails, waterfalls, and nature experiences.
Additionally, the private four-bedroom main residence has 236sq m of internal living space and a communal entertainment lounge in a purpose-built barn, which comes complete with a cocktail bar and covered barbecue area.
Beyond the guest and owner accommodation, added investment in hidden infrastructure includes new septic systems, upgraded water tanks and filtration, the planting of more than 60 trees and manicured lawns.
Verandah House Country Estate received an industry gong last year, winning the 2024 Travellers Awards and a Booking.com guest award for its consistent 9.8 rating.
The owners dish up a private chef, complimentary minibars, custom picnics, and high tea. It has also earned its stripes as a romantic venue for weddings and proposals. Nightly suite rates average more than $1000 in high season.
Positioned within the Scenic Rim – named by Lonely Planet as one of the world’s top destinations in 2022 – Verandah House Country Estate is approximately 30 minutes to the Gold Coast and is surrounded by a thriving food and wine scene.
Verandah House Country Estate at 13-17 Munro Court, Tambourine Mountain is listed with Blake McDonald of Sotheby’s International via an expressions of interest campaign.
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A legacy “partner” lease structure tied to sales, not fixed rent, is drawing investor attention as a potential hedge against inflation.
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A McDonald’s restaurant in Yass has been brought to market with one of the last remaining pure turnover leases in Australia, offering investors a direct share of revenue rather than a traditional fixed rental return.
The asset, located at 1713 Yass Valley Way, is being marketed by JLL via an expressions of interest campaign closing on 30 April. It is underpinned by a legacy lease structure no longer offered by McDonald’s in Australia.
Under the arrangement, the landlord receives 6.5 cents for every dollar spent at the restaurant, creating uncapped income growth linked directly to sales performance.
The lease is structured as triple net, meaning no operational risk, capital expenditure obligations or management responsibilities for the owner.
According to JLL, the property has recorded compounded annual sales growth of 4.26 per cent since 2003, with rental income rising by 150 per cent over the same period.
JLL’s David Mahood said the structure allows investors to “participate directly in the sales growth” of the business, rather than relying on fixed annual rent reviews.
The newly commenced lease runs to 2036, with four additional 10-year options extending to 2076, providing a weighted average lease expiry of 9.92 years by income.
The asset sits on a 3,571 square metre freehold site in Yass, with significant frontage to the Hume Highway, one of Australia’s busiest freight corridors.
The location benefits from high volumes of passing traffic, including an estimated 75,000 vehicles per day.
The quick service restaurant sector has remained resilient through economic cycles, including the pandemic and recent cost-of-living pressures, with McDonald’s continuing to expand its footprint and invest in store upgrades across Australia.
JLL pointed to strong investor demand for McDonald’s-backed assets, with recent transactions typically yielding between the high 2 per cent to mid 3 per cent range.
The Yass listing is expected to attract interest due to the scarcity of turnover-based leases, which provide a natural hedge against inflation by linking income growth to consumer spending rather than predetermined increases.
McDonald’s Yass is available for sale via an Expressions of Interest campaign closing at 3:00pm (AEST) on Thursday, April 30.
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