SOLD
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Sold on 26 Sep 2024 for $1,200,000

2/5 Orana Street
Buddina QLD 4575

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 546m2
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Code Property Group Minyama
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Property Details for 2/5 Orana St, Buddina

2/5 Orana St, Buddina is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 546m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Buddina in the last 12 months.

Building Type
House
Floor Size
102m2
Land Size
546m2
Local Government
Sunshine Coast Regional

Last Listing description (October 2024)

Located just 130-metres to the marina at the end of the street and walking distance to the shopping centre, cinemas, dining, tavern, primary school, beach and surf club ? is this older-style brick and tile duplex pair on a 546m block, providing an exceptional land-banking purchase for an investor or redevelopment/rebuild opportunity.

Both sides are mirror-images of each other, and each unit consists of two bedrooms, one bathroom, separate toilet, central kitchen, open plan living, separate laundry, and single lock-up garage, plus pedestrian gated access to fully fenced grassy backyard.

In comfortable, liveable condition 'as is' ? existing features include split system air-conditioning in living, security screens, skylight in kitchen, carpets in bedrooms and living room, generous storage, lock-up garden shed, and colorbond privacy fencing at rear.

Unit 1 is tenanted until January 2025 and Unit 2 is tenanted until March 2025 ? allowing a holding income whilst you plan what you will do with the site, whether retaining existing property for the time being as a rental investment or rebuilding a lifestyle home or ultra-modern duplex pair.

The location is as convenient as it gets; just a 12 minute walk (or short cycle) to the beach, and 14 minutes' walk to the off-leash dog beach, plus an easy walk to all Buddina amenities; spend the morning at the beach, have a seafood lunch on the deck at the waterfront Kawana Tavern, then enjoy a movie at the Events Cinema in the afternoon!

Major amenities such as sporting/leisure facilities, public and private hospitals, the university, and local airport are within a 10-15 minute driving radius; and it's 65 minutes to Brisbane International Airport.

The face of Buddina is being transformed with stylish contemporary rebuilds across the suburb attracting high-end buyers seeking a beachside lifestyle; this is the type of property being purchased and totally reimagined.

Long term investor owner is a serious seller, taking the property to Auction where it will SELL, if not sold prior.

? Duplex pair ? tenanted investment on 546m2
? Prime investment or redevelopment opportunity
? 2 x 2 bedroom, 1 bathroom, 1 living & SLUG
? Each unit has its own private fenced backyard
? Unit 1 tenanted to Jan 2025, Unit 2 to March 2025
? Marina at end of street, footsteps to shopping centre
? Walk to Buddina Primary, surf club, & dog beach
? Short drive to hospitals, Mooloolaba, sporting/leisure
? Investor owner ready to sell on or before Auction

Property History for 2/5 Orana St, Buddina, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,200,000
26 Sep 2024
Listed for Rent
$400/w
07 Sep 2021
  • 26 Sep 2024
    Sold for $1,200,000
  • 22 Aug 2024
    Listed for Sale $1,250,000
  • 29 Jul 2021
    Listed for Rent $400 / week
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About 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 2,323 properties. Over the last 5 years, Houses in Buddina have seen a 99.00% increase in median value, while Units have seen a 80.18% increase. As at 30 September 2024:

  • The median value for Houses in Buddina is $1,805,890 while the median value for Units is $892,708.
  • Houses have a median rent of $768 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Buddina on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Buddina.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.