FOR SALE
EXPRESSIONS OF INTEREST

11 Thabeban Street
Avenell Heights QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 4047m2
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RARE POTENTIAL DEVELOPMENT SITE IN TOWN – FAMILY HOME ON 1 ACRE

ATTENTION: Investors, land bankers, developers, builders: this is an extremely rare opportunity!
If you have been looking for a development site suitable for subdivision, unit or townhouse development, then look no further.
A solid family home located on an enormous 4047 sq m allotment - is rarely found in town. Located approx. 3 km from Bundaberg CBD and the new Bundaberg hospital site - it is situated in a central location within walking distance to Thabeban St Bus Stop and Freshfields Butcher, Liquor store and Foodworks as well as a short drive to The Waves Sports Club & Sports Complex, Edenbrook Early Learning and Shalom College.
The potential on offer is enormous for the savvy investor/ developer and we expect interest to be high.
REDEVELOPMENT AND SUBDIVISION POTENTIAL (Options STCA):
- Fully fenced 4047 sq m allotment, with approximately 42m street frontage
- Subdivision options (STCA) - selling off the lots, sell off the house and build your dream home at the rear (STCA)
- Redevelopment options – construction of multiple duplex style units (STCA – the neighbouring properties have 10 units)
- Land bank investment – currently rented at $430 per week, whilst you plan the sub division or additional dwelling/s (STCA)
- This property has a lapsed Development Approval for 11 villa-style homes
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Property Details for 11 Thabeban St, Avenell Heights

11 Thabeban St, Avenell Heights is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 4047m2. The place is currently for sale with Whitestone Realty.

Building Type
House
Land Size
4047m2

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About Avenell Heights 4670

The size of Avenell Heights is approximately 3 square kilometres. It has 6 parks covering nearly 15% of total area. The population of Avenell Heights in 2011 was 5,164 people. By 2016 the population was 4,844 showing a population decline of 6.2% in the area during that time. The predominant age group in Avenell Heights is 50-59 years. Households in Avenell Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Avenell Heights work in a professional occupation. In 2011, 60.2% of the homes in Avenell Heights were owner-occupied compared with 61.7% in 2016.

Avenell Heights has 2,403 properties. Over the last 5 years, Houses in Avenell Heights have seen a 129.82% increase in median value, while Units have seen a 72.44% increase. As at 31 October 2024:

  • The median value for Houses in Avenell Heights is $480,164 while the median value for Units is $357,311.
  • Houses have a median rent of $550 while Units have a median rent of $370.
There are currently 8 properties listed for sale, and no properties listed for rent in Avenell heights on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Avenell heights.

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Majella Owen
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Whitestone Realty
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