16/7-15 Lindsay RoadBuderim QLD 4556
Property Details for 16/7-15 Lindsay Rd, Buderim
Last Listing description (July 2021)
Emily Pendleton and Christine Freney of Ray White Commercial Northern Corridor Group are pleased to present Unit 16, 7-15 Lindsay Road, Buderim to market as a tenanted investment for sale by private treaty.
The property is well presented, offering a wide glass shop front with ample signage exposure to the busy main street of Buderim. Located within the iconic post office complex on the major intersection connecting Lindsay Road, Ballinger Road and Burnett Street. Unit 16 is tenanted to the Buderim Laundromat who has occupied the property since 2017 and trades very well in this location. They have recently exercised another 3-year option.
Tenant: Buderim Laundromat
Lease Expiry: December 2023
Options: 3 x 3 years
Increases: CPI
For further information please contact exclusive marketing agents Emily Pendleton or Christine Freney.
Property History for 16/7-15 Lindsay Rd, Buderim, QLD 4556
- 09 Aug 2024Sold for $400,000
- 29 Jul 2021Transferred for $140,000
- 26 May 2021Listed for Sale Price on Application
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0About Buderim 4556
The size of Buderim is approximately 30.5 square kilometres. It has 78 parks covering nearly 18.9% of total area. The population of Buderim in 2011 was 27,068 people. By 2016 the population was 29,369 showing a population growth of 8.5% in the area during that time. The predominant age group in Buderim is 50-59 years. Households in Buderim are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buderim work in a professional occupation. In 2011, 72.5% of the homes in Buderim were owner-occupied compared with 69.8% in 2016.
Buderim has 14,578 properties. Over the last 5 years, Houses in Buderim have seen a 81.08% increase in median value, while Units have seen a 65.51% increase. As at 30 September 2024:
- The median value for Houses in Buderim is $1,209,273 while the median value for Units is $688,106.
- Houses have a median rent of $775 while Units have a median rent of $600.
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