Independent and FREE - 2021 Best Online Publication

How beach ‘shack’ made its owner 100k a month

Independent and FREE – 2021 Best Online Publication (Qld Country Press)

How beach ‘shack’ made its owner 100k a month


Golden sands: the stunning beach 'shack' that made its owner a whopping $1.2m in a year

Do you have a news tip? Click here to send to our news team.

Student’s unique solution to two massive issues

Warm, daily showers, hot meals and a comfy, safe place to sleep are the basics for most, but these are luxuries that are hard More

Ian Moss is ‘just another guy’ but he’s experienced a wild musical ride 

Hearing new music today is easier than it has ever been. A quick search for a song on your phone or computer can have More

Wave of success: how Coast club toppled the giants

One of the Sunshine Coast's less heralded surf life saving clubs has shone brighter than any other in the state - and for a More

A beach “shack” with water views from nearly every room has made its owner more than a million dollars in just over a year in a staggering example of how hot the Sunshine Coast property market is.

The sale achieved a record price in one of the best blue chip streets in the region.

Purchased 13 months ago, the property at 15 Pacific Boulevard, Buddina, sold for an almost $1.2 million profit after appreciating at about $3,300 a day, $23k a week and 100k a month.

The mansion is dubbed ‘The Shack’ by locals in joking reference to its grand size.

It had been owned by a New Zealand couple who bought it during the pandemic in June 2020 for $3,607,500.

It changed hands this month for $4.775 million to a Brisbane couple who were on the Sunshine Coast for the weekend and not even looking to buy, but will now keep it as their holiday home.

“It was just a bit of a spontaneous buy; they just happened to notice it on the weekend,” said agent Loren Wimhurst, who handles premium properties with Richard Scrivener at Next Property Group.

The dream property is located between the beach and the Mooloolah River.

Want more local property stories? Join an independent local news revolution by subscribing to our free daily news bulletin: Go to SUBSCRIBE at top of this article to register

Ms Wimhurst said the price was a record for the beachfront boulevard, which was considered one of the most desirable streets on the Coast.

The NZ couple had bought the mansion to live in but, increasingly, were having to return to New Zealand for business, so made the decision to sell.

“Because it’s such a large property they just weren’t here enough to maintain it to the level. It’s not a lock up and go,” said Ms Wimhurst.

She said the four-bedroom, four-bathroom, three-car abode was considered a “grand lady of the area”.

“It’s always been known by locals as the shack, tongue in cheek because it’s not really a shack, it’s a mansion,” Ms Wimhurst said.

“It was built on such grand proportions in its time. It is the landmark property, sitting on the biggest block along there.

“So it’s always attracted a wealthy person.”

Views from nearly every room.

The award-winning designer Stephen Kidd, from Kidd and Co, has created a number of luxurious beachfront homes in the most exclusive locations like Sunshine Beach and Noosa.

His style reflects “relaxed beachside living”, however this property was one of earliest and is decades old.

Ms Wimhurst said she had received a “huge” number of enquiries, with more than 100 people calling just in the first week it was one the market.

Many of them were locals and she said Sunshine Coast buyers were the ones really wanting properties at the moment.

The white and light-filled house sits on the largest block on the street, 937sqm, tucked between the Pacific Ocean and Mooloolah River and with encompassing views of both.

It was designed with a “classic beach palette” which includes white window shutters and balustrades, timber floors and sandstone and cream tiles.

The numerous living spaces include a games room, family room and formal living room with a log fireplace.

The house has a modern kitchen which opens on to an expansive dining area overlooking the protected views of the Mooloolah River.

The outside areas include a fire pit, private in-ground pool, three-car garaging, wine cellar and plenty of storage.

Ms Wimhurst said the new buyer, who was a builder, was planning to “completely bring it up to the next level”.


Diamonds sharpen skills at crucial Coast camp

The Australian Diamonds are training in earnest on the Sunshine Coast. Twenty players, including Sunshine Coasters Steph Wood and Cara Koenen, were invited to the More

Sundale residents take a walk on the wild side

Sundale’s Coolum Waters Care Centre took a walk on the wild side when residents welcomed a few furry and scaley visitors. Wildlife HQ Sanctuary visited More

Shark attack survivor buoyed by support

A massive community effort has seen fundraising for Sunshine Coast shark attack survivor Joe Hoffman creep closer to its $70,000 target. The gofundme page fundraising More