OFF MARKET

505/5 Bermagui Crescent
Buddina QLD 4575

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 133m2
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Property Details for 505/5 Bermagui Cres, Buddina

505/5 Bermagui Cres, Buddina is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 133m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2019
Floor Size
112m2
Land Size
133m2
Local Government
Sunshine Coast Regional
Lot/Plan
505/SP278645

Last Listing description (January 2024)

Convenience is King here from this fabulous location so close to it all! An exciting opportunity awaits for a savvy investor as this property is being sold fully furnished and can be placed in the rental pool and earn the smart purchaser some good income! The apartment sits high on the 5th floor and is light bright and airy with windows in all bedrooms with door from master bedroom leading out onto balcony. The location of these apartments are second to none as you will go a long way before you find a complex that is located between a patrolled beach and major shopping centre that has gold class cinemas, lots of restaurants, Aldi, Coles, Woolworths, Big W, a medical centre, post office and so so much more!

You can catch a wave in the morning, take a great nature walk up to Point Cartwright lighthouse and take in the magnificent views and stroll back along the river watching the boats go by. Enjoy a superb coffee on your return at one of the lovely coffee shops on offer on ground level where there's also a beauty salon, barber shop, physio, pilates and more. Why not head over to the Surf Club for lunch or do a spot of shopping in the afternoon as lots of boutiques, hairdressers etc to choose from. Finish the day with a movie and a cocktail at the Gold Class Cinemas and choose from one of the many great restaurants thats on offer including Korean Barbeque and the Kawana Hotel which is very popular and only a short 5 minute stroll. Everything you need is literally right on your door step and at the end of the day you or your guests will drift off to sleep listening to the sound of the ocean!

The apartment is easy maintenance with high ceilings giving it a more spacious feel and is beautifully furnished with a lovely view of the ocean off to the left and the hinterland to your right! There is a complex going up almost beside The Hedge and apartments on lower levels with similar floor space are selling for several hundred thousand more so this is priced to sell and 4 years young and is established and ready to move into right now so don't hesitate as at this price it won't sit for long! All Bedrooms are very large with built ins and the Master bedroom has an ensuite and offers good separation from the other 2 bedrooms. The apartment is stylish with modern appliances, fixtures and fittings and with the furniture package being included its definitely a no brainer!

There are 2 carparks in the basement and a handy storage cage for those items that don't need to come up to the unit and there are plenty of bike racks in the basement. There are 2 convenient and fast lifts that service the building and it is very safe and secure with an intercom downstairs to announce arrivals! On the first floor there is a magnesium swimming pool, a gymnasium, a lending library where you can borrow a book or puzzle to enjoy and a BBQ with seating areas to enjoy your meal and take in the great coastal vibes on offer at beautiful Buddina which is fast becoming Sunshine Coasts hottest spot to invest in with 2 large apartment complexes currently being built. The body corp fees are reasonable at only $6100 per annum and includes insurance.

Its also only a short drive into the very popular Mooloolaba Beach and Esplanade and there are 2 state of the art hospitals less than 10 minutes away. Buddina is such a handy central location and nothing is too far away, its only 20 minutes to the local airport and an hour to Brisbane Airport. There's plenty of public transport just over the road which can take you to the University, The Plaza and its in the Zone for Mountain Creek School which is classed as one of the best Public Schools on the Sunshine Coast. The Buddina Primary School is literally a one minute walk from the Hedge so all in all it's definitely a great place to live or invest in.

Why not secure this apartment now, rent out a few years, enjoy a good income and then move in when the time is right?

- High on 5th with high ceilings

- Stylish large open plan living

- Ocean and hinterland views

- Built in 2019 looks like New!

- 2 minute walk to Patrolled Beach

- Pool, Gym and BBQ first floor

- Very popular Kawana Surf Club

- Shopping Centre and Cinemas

- Many Restaurants to choose from

- 2 Coffee Shops in Hedge + more

- 3 large Bedrooms with built ins

- 2 undercover Carparks + Storage

- Relax on very Wide 26 M2 balcony

- Furniture package great investment

- Live in or air bnb for good income

- Intercom and serviced by 2 Lifts

- BC Fees $6100 PA with insurance

- Central location, bus stops nearby

- Only 20 mins to local Airport

- 7 mins to Mooloolaba Esplanade

- 7 mins to Hospital Precinct

- 1 hour to Brisbane Airport

- Buddina newest Coastal Hot Spot

Property Code: 382

Property History for 505/5 Bermagui Cres, Buddina, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$998,000
03 Oct 2023
  • 03 Oct 2023
    Sold for $998,000
  • 22 May 2023
    Listed for Sale High $900s
  • 28 Feb 2020
    Sold for $779,000
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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 2,322 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.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Buddina on OnTheHouse. According to CoreLogic's data, 95 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.