FOR SALE
E.O.I

157 Elliott Heads Road
Kepnock QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 9473m2
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One Lot Into Eight Lot Development Site, Fully Approved!

Ray White Bargara are proud to present this exclusive opportunity to acquire 157 Elliott Heads Road. This property offers a unique development opportunity, boasting a spacious 9,473m2 site zoned low density residential, nestled on the edge of Bundaberg. The subject property has an existing developement approval to divide the lot into eight separate residential parcels.
Positioned in a highly sought-after area with strong buyer demand, stable median house prices, close proximity to established amenities and only 4 minutes to the Bundaberg CBD, this parcel empowers buyers with full control over their development aspirations, while having a rental income from the 3 bedroom, 1 bathroom low set Queenslander.
With the new $1.2 billion Bundaberg Hospital project commencing , an influx of migration to the region and pre existing high demand for housing, both owner occupied and rentals, a parcel like this, situated in the coveted suburb of Kepnock, having seamless connectivity to Bundaberg and Bargara, ensures it will be in high demand for astute developers. Don't miss out on this exceptional opportunity; 157 Elliott Heads Road is available for sale via Expressions of Interest.
AT A GLANCE-
DEVELOPMENT POTENTIAL
The subject site has received council approval, dated 23rd January 2024, to reconfigure lot 1 into 8 lots. This approval is subject to conditions, outlined in Schedule 1, which can be provided in the Information Memorandum. Please note the approval also allows for dual occupancy on every second allotment. The Operational Works Detail Designs (Civil, Electrical and Landscaping) is also available upon request.
THE HOME
- Open plan lounge and dining room
- Kitchen with plenty of bench and cupboard space, including electric upright stove
- 3 bedrooms, built in to main and 2nd bedroom
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Property Details for 157 Elliott Heads Rd, Kepnock

157 Elliott Heads Rd, Kepnock is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 9473m2. The place is currently for sale with Ray White Bargara.

Building Type
House
Land Size
9473m2

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About Kepnock 4670

The size of Kepnock is approximately 3.2 square kilometres. It has 5 parks covering nearly 10.5% of total area. The population of Kepnock in 2011 was 4,532 people. By 2016 the population was 4,447 showing a population decline of 1.9% in the area during that time. The predominant age group in Kepnock is 10-19 years. Households in Kepnock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kepnock work in a labourer occupation. In 2011, 63.4% of the homes in Kepnock were owner-occupied compared with 62.3% in 2016.

Kepnock has 2,022 properties. Over the last 5 years, Houses in Kepnock have seen a 109.55% increase in median value, while Units have seen a 76.95% increase. As at 31 October 2024:

  • The median value for Houses in Kepnock is $503,768 while the median value for Units is $374,810.
  • Houses have a median rent of $528 while Units have a median rent of $380.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Kepnock on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Kepnock.

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Paul Anderson
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