Buderim 12 Raintrees Court
Sold
$360,000
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Extensive Termite Damage: Deemed Uninhabitable by the Insurance Company!
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This residential Buderim Pines home is uninhabitable and has been subjected to extensive termite damage, compromising the structural integrity of this home. Now under strict, clear instructions, this home must be SOLD by way of public auction!
Without doubt the worst case of termite damage to be seen, this home offers the experienced builder or those looking to acquire the property at potentially less than land value an opportunity to capitalise on what is a stunning cul-de-sac allotment.
Several quotes have been done and this property is not for the faint hearted unless they are prepared to tear the home down and start again. The home is in essence a rendered fiber cement and tile residence with a truss roof in good condition if it wasn't for the structural damage.
It is confirmed there are no current active termites and there is a barrier treatment system on the property that was installed after the damage had been done.
Positioned at the end of the cul-de-sac with only one direct neighbour and over 35 metres of boundary adjoining council parkland and open recreational space, this is without doubt a commanded location in a tree lined street and potentially the last opportunity presented to start afresh and construct a new build.
The property offers an in-ground tiled surround pool positioned at the rear of the property. Prior to discovering the termite damage the current owners had repainted throughout, laid new carpet and installed new blinds. The kitchen even has an upgrade to stone and new stainless steel appliances. The living area is even air-conditioned and security screens and crimsafe have been fitted throughout.
There is absolute transparency in this sale with the condition and the majority of damage has been revealed and exposed with the removal of the plaster board. The property will be SOLD as is where is on the day of auction with a strict cash unconditional sale required.
Four Bedrooms With Built-ins684m² Cul-de-sac Allotment35metres Plus Of Council Parkland BoundaryCurrent Dwelling Deemed Uninhabitable Entertainment Area Overlooks ReserveCovered Outdoor Entertainment AreaRendered Fibre Cement & Tiled Construction Open Plan Tiled Family RoomAir-conditioned LivingSunken Lounge RoomMaster Bedroom With Ensuite & Walk-in RobeCentral Kitchen With Stone Top BenchesStainless Steel AppliancesPlenty Of Yard Area For KidsDouble Garage With Internal AccessFully Fenced With Garden ShedDirect Access & 100m Walk To Local ShopsMountain Creek School ZoneStunning Tree Lined Cul-de-sacAcres Of Parkland At Rear
This property is strictly being SOLD at land value and must be SOLD on the 25th June under the hammer by way of public auction!
AUCTION TERMS
5% Deposit
30 Day Settlement
The buyer acknowledges that this dwelling has suffered extensive termite damage and has been deemed uninhabitable. All inspections & entry must strictly be of persons over the age of 18 and all buyers or builders entering the premises must sign an indemnity waiver prior to entry or access will be denied.e premises must sign an indemnity waiver prior to entry or access will be denied.
Property Information
- Land area approx 684sqm
- Floor area approx 208sqm
Property Features
- Garages 2
- Pool
- Grant SmithPrincipal, Licensed Real Estate Agent & Auctioneer
Local Information Buderim
Education
Nearest Government Schools
- Mountain Creek State School
- Mountain Creek State High School
- Mooloolaba State School
- Brightwater State School
- Buderim Mountain State School
- Chancellor State College
Nearest Private Schools
- Immanuel Lutheran College
- Matthew Flinders Anglican College
- Stella Maris School
- Siena Catholic College
- Siena Catholic Primary School
- Pacific Lutheran College
Local Amenities
Park
- Mooloolah River National Park