AUCTION ACTION: NEW BENCHMARK FOR DUPLEXES AFTER EYE-WATERING BUDDINA SALE

A gleaming property that sold at auction for $2.7 million has set a new benchmark for luxury duplexes in the beachside suburb of Buddina.

In the coming months, some 30 more duplexes like 1/10 Boorook Street are expected to  be constructed amid a trend towards knocking down old homes for modern easy-living.

A couple downsizing from acreage secured the three-bedroom property which achieved $900,000 more than the adjoining Residence 2 which sold off-the-plan for $1.8 million just 12 months ago.

Buddina is considered a Golden Triangle of coastal living; to the right is the sweeping Buddina beach, to the left is Mooloolaba Harbour and La Balsa Park and just down the road is Kawana Shopping Centre.

Earlier this month Sunshine Coast News reported that blue-chip beach suburbs are witnessing a rush of multimillion-dollar duplexes being built with their own pools, basements and courtyards, and prices starting around $2 million.

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