Locale At Buderim brings you a new class of multi-income townhouse properties located in the heart of the thriving Sunshine Coast. Surrounded by major infrastructure developments such as the new hospital precinct, Sunshine Coast University, YOUI Insurance headquarters and easily accessible transport links, you can be assured of high demand from a wide range of tenants who are keen to take advantage of everything this premium location has to offer.
Architecturally designed and incorporating high quality fixtures and fittings throughout, each townhouse offers two fully self-contained tenancies with both a two bedroom and a one bedroom living option included in your townhouse purchase. Current market appraisals show a total combined rental return of $680 – $700 per week. Presently Buderim boasts a vacancy rate below 1% which is putting further upward pressure on rental prices. This demand is underpinned by continuing population growth, as more and more people choose to enjoy the lifestyle the Sunshine Coast has to offer.
Just minutes from schools, hospitals, university, cafes, parks and fabulous beaches, this location really does have it all. If you have been looking for an investment property that will ensure high rental returns, low vacancy rates and maximum depreciation benefits, then you simply must look at this offering. Suitable for all investors and ideal for Self-Managed Super Fund buyers as the townhouses are purchase via a single contract.
These properties also present an amazing opportunity for First Home Buyers to enter the property market. A number of our purchasers are intending on living in one of the tenancies and renting the other one. This means you can effectively buy one of these properties and pay as little as $150 per week in mortgage repayments!! Call me now to discuss.
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Locale At Buderim:
- Each Townhouse Includes Two Fully Self-Contained Tenancies (1 Bedroom Downstairs, 2 Bedrooms Upstairs)
- Each Tenancy Has Its Own Separate, Private Access
- Expected Combined Rental Income of $680 – $700 Per Week
- 2.7m High Ceilings On Both Levels
- Commercial Grade Vinyl Plank Timber-Look Floors
- Fully Carpeted Bedrooms
- Full Suite of Bosch Kitchen Appliances Including Dishwasher, Cook-Top, Oven & Rangehood
- Stone Benchtops
- Air-Conditioning In Both Tenancies
- Ceiling Fans In All Bedrooms and Living Spaces
- Ensuite To Master Bedroom
- Downstairs Has Private Outdoor Courtyard
- Upstairs Has Large, Private Balcony For Entertaining
- High Quality Fixtures & Fittings Throughout Including Blinds
- Your Property Will Be Full Turn-Key and Tenant-Ready Upon Completion
- Large 16m Communal Lap Pool With Ozone Water Purification System
- Poolside BBQ Area For Residents
- Low Body Corporate Fees
- Walking Distance to Supermarket, Range of Shops, Schools, University and YOUI Insurance Headquarters
- 10 Minutes From Sunshine Coast Beaches
- 10 Minutes To Maroochydore CBD
- 15 Minutes To Sunshine Coast Airport
- 1 Hour From Brisbane
- Completion Due March 2019
The Sunshine Coast economy is one of the largest regional economies in Australia and is predicted to grow in a strong and sustainable pattern over the next 20 years to reach $33 billion in 2033. This will be accompanied by an increase in high-value employment and household income.
A 10.1% growth in population was experienced over a five-year period (2008-2013), which was higher than the national growth rate of 8.7% over the same period.
Demand for these properties is very high. The total development incorporates just 20 townhouses, only 14 of which are the Multi-Income townhouses. Call me today to discuss securing one of these premium investment properties before they are all gone.