A riverside street continues to attract top billing, and top dollar, as people scramble to snap up prime waterfront living.

Properties along Harbour Road, Buddina, are rarely put on the market, such is the prized lifestyle there.

When they are, they attract plenty of interest.

A property once bought for a pittance sold for $3.3m there last month.

Now, there’s significant post-auction enquiries for nearby 7 Harbour Parade, which was passed in at $3.1m.

It’s expected to go under contract with a hefty price tag before the end of the week.

Riverside properties
The property is in prime position.

Ray White Maroochydore Sales & Marketing Consultant Rowan Woodbine said the property by Mooloolah River was in “a dream spot”.

“It sort of speaks for itself, being along Harbour Parade, near La Balsa Park, on the water, with the parks and cafes.”

He said the street had garnered an enviable reputation.

“It’s up there now,” he said. “It’s a premium spot on the Coast and probably one of the most iconic.

“There is all that history, of fisherman going out through The Spit.

“But really, it’s all about the lifestyle, and being able to go along the footpath, through the parks, to the lighthouse.

“There are only so many houses along this little pocket … there’s nothing else like it, close by.”

The five-bedroom property.
The five-bedroom property.

It’s the first time that No.7 has hit the open market since 1997, when it was bought for $345,000.

The long-term owners, an older couple, are ready to downsize after raising a family there.

They have renovated the property and upgraded it.

The house has five bedrooms, two bathrooms and five car spaces – ample room for a boat, caravan or a truck.

Auction results

18/20 Beach Road, Maroochydore

6 Tamarind Street, Meridan Plains

1/17 Kononda Court, Mooloolaba

1/38 Bluebird Parade, Bokarina

12/10 Grand Parade, Kawana Island

35 Macadamia Drive, Maleny

19 Toorbul Street, Landsborough

7 Millstream Place, Glenview

25/132-136 Duporth Avenue, Maroochydore

3 Jalumba Street, Maroochydore

9 Ilaroo Crescent, Warana

13/1 Raleigh Street, Golden Beach

2 Bangalow Street, Minyama

7 Harbour Parade, Buddina

Article source: Queensland Property Investor

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