A sands and soil quarry at Tamborine, south of Brisbane in the Scenic Rim region, is up for sale.

4 May 2023

The property at 742 Mundoolun Connection Road is a significant sandstone deposit located on an expansive land holding of 670.201 hectares, of which 386.501 hectares is used by the quarry operation.

It will be taken to the market via an Expressions of Interest campaign run by Christian Sandstrom of Knight Frank and Dan Dwan of Colliers acting on behalf of the vendor.

The large site has been operational since the mid 1990s, containing one of highest quality and significant sandstone deposits within the Beaudesert shire.

It has current approval to be operational until 2032 with an estimated over 3.5 million tonnes of Base Sand available for collection from the current approval area.

Mr Sandstrom said the property offered an established operation for an incoming buyer, benefitting from recently improved plant and equipment that is ready to realise the true value of the property as operational capacity is maximised.

“It would suit a local construction company involved in large residential developments and infrastructure projects as well as numerous other potential buyers,” he said.

“It presents an opportunity for an experienced purchaser to capitalise on the existing onsite improvements and considerable earning potential, while capturing one of regional South East Queensland’s largest land offerings.

“The cost of resources and construction materials in Queensland rose by 11.4 per cent in 2022, according to data from N&B, illustrating the heightened demand for extractive resource materials.

“With over 3.5 million tonnes still to be extracted from the current approval area, there is considerable future revenue for a buyer.”

Mr Dwan said the sandstone extraction in the Gold Coast hinterland dated back to the mid-20th century when sand mining operations were established in the region.

“The extractive resources industry plays a key role in bolstering the surrounding region’s economy through gross output and employment,” he said.

“The location has huge future potential beyond the quarry, with several potential future uses including agricultural or rural, recreational or tourism, conservation or environmental purposes, renewable energy projects, educational or research purposes and commercial or industrial.

“Current amenity includes the Beaudesert town centre, schools, parks and recreational areas, hospitals and medical facilities, nature reserves and national parks and easy transportation, and more will come in the area as the population grows.”

The Expressions of Interest campaign for the property will close at 4pm on Thursday, May 25 (AEST).