101 Lowanna DriveBuddina QLD 4575
Property Details for 101 Lowanna Dr, Buddina
101 Lowanna Dr, Buddina is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 272m2.
Last Listing description (August 2023)
Introducing "San Simeon" 101 Lowanna Drive, Buddina - A charming triplex property that offers a fantastic opportunity to own a piece of prime real estate in one of the most sought-after locations on the Sunshine Coast.
The triplex features three lowset units, each comprising of two spacious bedrooms with built-in wardrobes, one bathroom, and a single garage. The units are well-maintained and provide comfortable and functional living spaces for their occupants. One of the units is currently rented for $410 per week, while the other two are owner-occupied and have a rental appraisal of $450 per week, providing excellent potential for strong rental returns.
In addition to the impressive features and location of the triplex, the property is zoned as "Tourist Accommodation Zone, Mixed Residential" under the Sunshine Coast Council Planning Scheme, which allows for a range of development options. This zoning classification is highly desirable, as it provides the potential for tourism-related accommodation developments, as well as mixed residential uses.
With the current zoning in place, the property presents an incredible investment opportunity. The location of the property, being close to the beach, shops, and amenities, adds to its appeal. The land has potential to be redeveloped, subject to council approval, into various types of accommodation including apartments, townhouses, and mixed-use developments.
Located in the highly desirable Buddina suburb, this property is just a short distance from some of the Sunshine Coast's best beaches, cafes, restaurants, and shopping centres. With easy access to the motorway, this location is ideal for commuters and provides convenient access to the rest of the Sunshine Coast.
Key features of the property include:
* A Charming Triplex Comprising Of Three Lowset Units
* Each Unit Featuring Two Spacious Bedrooms, One Bathroom & A Single Garage
* Excellent Potential For Strong Rental Returns
* Zoned As "Tourist Accommodation Zone"
* Prime Location In Buddina, Close To The Beach, Shops & Amenities
Overall, the combination of the features, zoning, and location make it a highly desirable investment opportunity, providing the potential for future capital growth and a range of development options. Don't miss out on the chance to secure this fantastic property for your investment portfolio.
Contact us today to arrange an inspection and take the first step towards securing your future on the Sunshine Coast.
Property History for 101 Lowanna Dr, Buddina, QLD 4575
- 31 May 2023Listed for Sale Contact Agent
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0About Buddina 4575
The size of Buddina is approximately 2.1 square kilometres. It has 10 parks covering nearly 12.6% of total area. The population of Buddina in 2011 was 3,665 people. By 2016 the population was 3,892 showing a population growth of 6.2% in the area during that time. The predominant age group in Buddina is 40-49 years. Households in Buddina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buddina work in a professional occupation. In 2011, 60.2% of the homes in Buddina were owner-occupied compared with 61.6% in 2016.
Buddina has 2,322 properties. Over the last 5 years, Houses in Buddina have seen a 88.74% increase in median value, while Units have seen a 107.28% increase. As at 31 October 2024:
- The median value for Houses in Buddina is $1,735,933 while the median value for Units is $988,215.
- Houses have a median rent of $775 while Units have a median rent of $550.
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