1/63 Karawatha StreetBuderim QLD 4556
Property Details for 1/63 Karawatha St, Buderim
Last Listing description (October 2024)
Emily Pendleton and Abi Rowlands from the RWC Northern Corridor Group are pleased to present Unit 1 at 63 Karawatha Street, Buderim, to the market for sale. Situated within a serene and well-maintained complex in the residential heart of Buderim, this property offers a unique investment opportunity with two established tenants: a thriving fitness studio and a popular laundromat. This investment property not only promises a stable income stream from reputable tenants but also benefits from its strategic location in a desirable residential area. With ample parking and easy access, it ensures convenience for both businesses and customers.
The fitness studio provides a range of wellness services, attracting a steady flow of clientele and contributing to a strong rental yield. The laundromat, known for its efficiency and eco-friendly practices, complements the fitness studio and serves the local community with reliable and sustainable laundry solutions.
Highlights of this property include:
- Current net income of $73,500 per annum
- Outgoings 100% payable by tenants
- Options for both tenants to renew
- Recently renovated
- Ample onsite car parking
- Easy accessibility
Our dynamic and acclaimed team strategically operates from three well-positioned offices spanning the South East Queensland Northern Corridor, dedicated to serving clients in the SUNSHINE COAST, MORETON BAY & NORTH BRISBANE regions.
For further information on this property please contact our marketing agents Abi Rowlands or Emily Pendleton.
* Approximately
Property History for 1/63 Karawatha St, Buderim, QLD 4556
- 16 Aug 2024Listed for Sale 1,200,000
- 15 Aug 2024Sold for $1,180,000
- 31 May 2023Listed for Rent $450 / month
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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 2016 was 29355 people. By 2021 the population was 31430 showing a population growth of 7.1% 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 2021, 71.80% of the homes in Buderim were owner-occupied compared with 69.80% in 2016.
Buderim has 14,430 properties. Over the last 5 years, Houses in Buderim have seen a 82.48% increase in median value, while Units have seen a 87.26% increase. As at 31 December 2025:
- The median value for Houses in Buderim is $1,406,337 while the median value for Units is $823,449.
- Houses have a median rent of $850 while Units have a median rent of $655.
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