12 Woongarra St, Bundaberg Central is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 508m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Zoned Principal Centre (City Centre Frame Precinct PCZ3) and being one of the last residential houses in the heart of Bundaberg CBD, this classic 3 bedroom 1 bathroom low set Queenslander offers a range of possibilities.
Located in an outstanding position just a short distance to the geographical centre of Bundaberg and with the possibility of acquiring the adjacent bare block (No 14) as well, 12 Woongarra Street just screams development potential or a land bank possibility.
Being located in a thriving commercial area benefiting from good vehicle traffic volumes, road exposure and pedestrian traffic, this property is perfect for Commercial/Professional Offices or Inner City Living in its present form of relocation of the house and development.
The property currently has a fixed tenancy in place (at $350 per week) until the 3 August 2023, so the it could be acquired as a vacant possession or remain as a source of rental income until your development plans come to fruition.
The photos form part of the property description but in summary, the hardwood frames and hoop pine construction offer materials of a by-gone age in the right location at superb price perched on a 508m2 block of land.
The possibilities for development or relocation of the home are endless. Call Greg McMahon on 0414 518 315 to discuss them and to arrange a private inspection.
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 485 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 118.45% increase in median value, while Units have seen a 43.17% increase. As at 31 October 2024:
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