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:
• Net Income Approx $280,000
• 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)
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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 501 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 122.66% increase in median value, while Units have seen a 34.83% increase. As at 30 November 2024:

  • The median value for Houses in Bundaberg Central is $434,741 while the median value for Units is $362,462.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Bundaberg central.

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Elliot Kidd
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