Back 1 & 2/161A Stringybark Road
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1 & 2/161A Stringybark Road

Buderim QLD 4556

3
3
3
398 m²
House
Currently for sale - view listing

Overview

Available for private inspection

Ultra high yeilding asset - calculated 5.23% net return for less than $1 million in Buderim. Full turn-key invesment ready to go or move in yourself - the choice is yours. Coronis-Bradley Peet welcomes you to 1 /161A Stringybark Road, Buderim - a rare, high-performing co-living investment opportunity. Unit 1 is generating $1,160 per week ($60,320 p.a. gross), delivering a gross yield of 6.3%+ - well above the average gross return for a Buderim house of 3.7% (source: ***). After outgoings and professional management, the net yield sits at approximately 5.23%, a strong result for a fully turnkey, furnished asset. Unit 2 is grossing $1,155pw or $60,060pa gross rent. This property can also be purchased. Positioned in the sought-after suburb of Buderim, this purpose-built co-living residence offers an exceptional combination of strong rental income, modern accommodation, and long-term investment appeal. Built & designed by The Gallery Group, specialists in this asset class. Each self-contained residence comprises three spacious bedrooms, each with its own private ensuite, fully furnished for seamless management and immediate income from day one. As is standard for co-living, the landlord covers utilities and internet as part of the tenant offering - this is already factored into the net yield above, so there are no surprises down the track. Key highlights: > Purpose-designed co-living configuration > Each unit has three bedrooms, all with private ensuites > Fully furnished for turnkey operation > Unit 1 $1,160pw / $60,320pa gross rental return > Unit 2 $1,155pw / $60,060pa gross rental return > ~5.23%+ net yield after outgoings and management > Low-maintenance design ideal for investors > Located in a high-demand rental area, minimal vacancy > 2024 build with solar system - low power bills > Rear-of-complex position offering peace - highly valued by tenants Whether you're an experienced investor or looking to secure a high-yield asset in a blue-chip Sunshine Coast location, 161A Stringybark Road, Buderim represents an opportunity that is rarely available. Disclaimer: The information statements, views/or opinions expressed in this publication are to be used as a guide only. Neither the Agent, Coronis-Bradley Peet nor any other person involved in the preparation of distribution of this material gives any guarantee or warranty concerning the accuracy or validity of its contents nor will they accept any liability. All prospective Buyers should make their own enquiries and satisfy themselves by inspection or otherwise as to the suitability of the property. Some images have been digitally enhanced for illustrative purposes.

Features

3 bedrooms
3 bathrooms
3 carspaces
398 m² lot size
House

Happy sellers in Buderim

87%
87% of sellers in Buderim reported that their sale price either exceeded or met their price expectations.

Buderim stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 92 reviews in Buderim over the last 12 months.

Local market activity for 3 bedroom houses in Buderim

In the last 12 months, 90 three-bedroom houses similar to 1 & 2/161A Stringybark Road, have been sold.

This represents a 36% increase in three-bedroom houses sales when compared to the previous 12 months.

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