FOR SALE
Offers Over $2,000,000

16-18 Coal Street
Bundamba QLD 4304

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 3872m2
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6% Plus Net Return and New 3 x 3 Year Lease (Government Contracts)

Doesn't get much better than this!
Tenant in place new 3 x 3 year lease and the tenant has government contracts in place. Located in Bundamba close to national tenants including Bunnings, Atlas Copco and Salvation Army. A very large parcel - 3,872m2 of land, also makes this property very interesting. Very neat and tidy office, plus a workshop area etc.
Keen to discuss this further with genuine interested parties.

Property Details for 16-18 Coal St, Bundamba

Building Type
Commercial
Floor Size
230m2
Land Size
3872m2

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About Bundamba 4304

The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.

Bundamba has 3,326 properties. Over the last 5 years, Houses in Bundamba have seen a 103.95% increase in median value, while Units have seen a 71.75% increase. As at 31 October 2024:

  • The median value for Houses in Bundamba is $577,770 while the median value for Units is $430,614.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Bundamba.

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Mark Boettcher
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Ray White Ipswich
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