FOR SALE
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103 Bourbong Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 1957m2
Land area: 2024m2
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Dual Tenant Investment SEQ

103 Bourbong Street is a two-level commercial building in the heart of Bundaberg's CBD.
It's occupied by a long standing & recently refurbished Commonwealth Bank branch and Only Deals, a QLD owned & successful discount clothing store with three stores around SEQ and a further 2 in the Pipeline.
Key Investment Attributes:
• WALE: 4.91 Years (Income)
• Dual Street Access
• Dual Level building with underutilised floor area for income growth
• Two Tenants on long term leases
• Syndication windup - Property needs to be sold!
• CBA have just taken up their new 5 year option (5.5 years left on their term)
A detailed IM and Due Diligence Package is available upon request.
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Property Details for 103 Bourbong St, Bundaberg Central

Building Type
Commercial
Floor Size
1957m2
Land Size
2024m2

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About Bundaberg Central 4670

The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2011 was 225 people. By 2016 the population was 316 showing a population growth of 40.4% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying $1600 - $1800 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation. In 2011, 46% of the homes in Bundaberg Central were owner-occupied compared with 30% in 2016..

Bundaberg Central has 500 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 117.51% increase in median value, while Units have seen a 48.30% increase. As at 31 August 2024:

  • The median value for Houses in Bundaberg Central is $406,896 while the median value for Units is $391,191.
There are currently 4 properties listed for sale, and no properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bundaberg central.

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Stephen Kidd
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Elliot Kidd
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Ray White Metro North
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