6 Symonds WayBaringa QLD 4551
Property Details for 6 Symonds Way, Baringa
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
Property History for 6 Symonds Way, Baringa, QLD 4551
- 12 Mar 2024Sold for $2,450,000
- 16 Aug 2023Listed for Sale Contact Agent
- 10 Feb 2023Sold 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 2,217 properties. Over the last 5 years, Houses in Baringa have seen a 70.29% increase in median value, while Units have seen a 91.19% increase. As at 31 October 2024:
- The median value for Houses in Baringa is $847,052 while the median value for Units is $854,767.
- Houses have a median rent of $680.
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