FOR SALE
$1,125,000

8-12 Burrum Street
Urangan QLD 4655

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1942m2
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A Prime Investment Opportunity

Welcome to a prime development opportunity located Urangan. This expansive 1942m² block is perfect for developers, investors, or those looking to build their dream property.
This property offers ample space for a variety of development projects (subject to council approvals) including subdivision potential, multi-unit development, or a luxurious single-family home.
Currently, the property hosts a home featuring three large bedrooms. This structure could be renovated, expanded, or utilized as a temporary residence during development. A standout feature of this property is the massive garage with internal access. This space provides significant storage or workshop potential.
For more information or to arrange a viewing, please contact our office. Don't miss out on this unique chance to secure a highly desirable development site.

Property Details for 8-12 Burrum St, Urangan

8-12 Burrum St, Urangan is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1942m2. The place is currently for sale with Raine & Horne Hervey Bay.

Building Type
House
Land Size
1942m2

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About Urangan 4655

The size of Urangan is approximately 14 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2011 was 9,168 people. By 2016 the population was 9,728 showing a population growth of 6.1% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urangan work in a professional occupation. In 2011, 58% of the homes in Urangan were owner-occupied compared with 60% in 2016.

Urangan has 6,632 properties. Over the last 5 years, Houses in Urangan have seen a 95.45% increase in median value, while Units have seen a 103.39% increase. As at 31 July 2024:

  • The median value for Houses in Urangan is $670,887 while the median value for Units is $543,428.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 120 properties listed for sale, and 25 properties listed for rent in Urangan on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in Urangan.

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Tim Wessling
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Raine & Horne Hervey Bay
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