SOLD
Sold on 12 Mar 2024 for $2,450,000

6 Symonds Way
Baringa QLD 4551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1658m2
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Property Details for 6 Symonds Way, Baringa

Building Type
Land
Land Size
1658m2
Local Government
Sunshine Coast Regional
Lot/Plan
103/SP336538

Last Listing description (October 2023)

Burgess Rawson is delighted to offer to the market a brand new premium Car Wash investment at 6 Symonds Way, Baringa (Sunshine Coast) QLD for sale via Private Treaty.

The property has the following key investment highlights:


+ New 10 year lease to 2033 plus options to 2053
+ Sparkletown Car Wash: 7 premium car wash locations and growing
+ Dominant 1,658sqm* landholding
+ Major thoroughfare within Stockland Aura, which has a projected population of 50,000 residents
+ Prime masterplanned precinct location within close proximity to KFC, EG Fuel & McDonald's
+ Brand new construction by Hutchinson Builders providing maximum depreciation benefits
+ Fixed 3% annual rent increases from 2027
+ Tenant pays outgoings as per the lease including rates, repairs & maintenance, insurance and management fees
+ Net Income: $139,100 pa* + GST

For Sale by Private Treaty
Enquire With Agents

Please contact the exclusively appointed Burgess Rawson team for more information.

* approx

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Property History for 6 Symonds Way, Baringa, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$2,450,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $2,450,000
  • 16 Aug 2023
    Listed for Sale Contact Agent
  • 10 Feb 2023
    Sold for $2,321,761

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About Baringa 4551

The population of Baringa in 2011 was 319 people. By 2016 the population was 94 showing a population decline of 70.5% in the area during that time. The predominant age group in Baringa is 50-59 years. Households in Baringa are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Baringa work in a managers occupation. In 2011, 63.7% of the homes in Baringa were owner-occupied compared with 71% in 2016.

Baringa has 2,241 properties. Over the last 5 years, Houses in Baringa have seen a 69.48% increase in median value, while Units have seen a 103.22% increase. As at 30 November 2024:

  • The median value for Houses in Baringa is $858,936 while the median value for Units is $888,296.
  • Houses have a median rent of $688.
There are currently 20 properties listed for sale, and 18 properties listed for rent in Baringa on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Baringa.

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