The duo behind a boutique Sunshine Coast real estate agency say they’re starting to reap the rewards having weathered the Covid-19 storm and survived six months with no income.
Sunshine Coast house prices are predicted to continue to rise on the back of “crazy” demand and a shortage of building materials, industry insiders say.
Mr King said to have nine registered bidders was a sign of market strength. There were 19 bids in the end, we were going up in lots of $500 and it came down to two guys battling it out, he said. The guy who missed it called me straight after saying he should have gone higher. It was certainly a good day. Mr King said the original owners were returning to New Zealand and were keen sellers. He said the new owner was a Brisbane couple who planned to use it as an investment property. This street is largely all units, no houses, so to get a stand-alone duplex on water is quite rare, there s nothing to compare, he said.
The property is being marketed and sold at auction by Ray White Commercial Queensland father and son duo Stephen and Elliot Kidd. The Tanawha Liberty service station and attached Buderim Comfy Cottages have been reshaped and upgraded into a dynamic property investment, underwritten by a stable cash flow and proven track record, Stephen said. The Buderim Comfy Cottages at on Tanawha Tourist Drive will go to auction on March 26. There exists further development and income upside from the existing site, generating higher returns for a dedicated owner. He said the service station would provide cash flow for more than 15 years.