FOR SALE
$899,000 - Mixed Density

29 Mining Street
Bundamba QLD 4304

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 2044m2
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Great Location for Development Opportunity

One-On-One Inspections are available for this property at a time to best suit you and your schedule.
Seize this rare chance to secure a 2,044sqm block in the heart of Bundamba. Perfectly positioned for a townhouse or commercial development, this property offers a unique opportunity for savvy developers and investors looking to capitalize on the growing demand for quality housing in this thriving area.
With standard 3 bedroom townhouses selling on the same street for up to $470,000, this supports excellent value for money.
This Queenslander is the original stationmasters house. Property features 4 extra large bedrooms Large eat in kitchen Situated on a large block with corner position so it has a 2 street frontage Parking under house Great views Walking distance to the TAFE Right next to Bundamba Train Station.
With an existing Development Approval in place for commercial usage, the existing zoning provides several potential uses for redevelopment including community purpose, town house's, dual occupancy, general store, multiple residential and accommodation
Features:
:: Generous 2,024sqm Block: Ample space to design and build a multi-unit townhouse complex, maximizing your investment potential.
:: Zoning: The property is zoned Mixed Density Residential, making it ideal for townhouse development (Subject to Council Approval).
:: Prime Location: Bundama is a rapidly developing suburb with strong growth prospects. Enjoy proximity to local amenities, schools, parks, and public transport options.
:: Convenient Access: Easy access to major roads and highways, connecting you to the broader Ipswich and Brisbane regions.
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Property Details for 29 Mining St, Bundamba

29 Mining St, Bundamba is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2044m2. The place is currently for sale with Johnson Real Estate - Ipswich.

Building Type
House
Land Size
2044m2

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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 12 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Bundamba.

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Suburb Insights for Bundamba 4304

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Johnson Real Estate Ipswich
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