SOLD
Sold on 29 May 2024 for $225,000

14 Mclean Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 571m2
Sold By
Synergy Property Specialists Bundaberg
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Property Details for 14 Mclean St, Bundaberg Central

Building Type
Land
Land Size
571m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP41554

Last Listing description (July 2024)

GREAT OPPORTUNITY HERE TO LANDBANK ONE OF THE LAST PARCELS OF FLOOD FREE COMMERCIAL LAND IN THE C.B.D and BY FAR THE CHEAPEST.

BUSINESS OWNERS- SECURE YOUR FUTURE HERE- STOP PAYING OUT SOMEONE ELSES INVESTMENT.

WORKSHOP NEXT DOOR IN PROCESS OF MAJOR RENOVATION INTO A PROFESSIONAL BRAND NEW OFFICE- CALL TO DISCUSS

Situated out of flood and no easements. Boasting a 28.4m frontage with a likely building envelope of 324m2 with 7 carparks. Build for one or build for two as the block has the potential for 2 tenancies of 162m2 each with 3 or 4 carparks each or vary the size of each tenancy to suit up to 324m2.

The existing building next door at number 12 McLean Street has been used as an auto electrician up until now. However, this building will undergo a major transformation into a new professional Real Estate office as shown in the images. Work will commence on the fit-out around July 2024.

Very few opportunities remain to secure vacant land within the City Centre Precinct that is out of flood to enable you to build new and certainly nothing at this price point which allows you to build new, tailored to your needs for a similar price as to trying to make an old building work.

With room for a 324m2 building there is the option to build a duplex to accommodate your needs and have a commercial tenant in place next door offering great value for the purchase.

The zoning of "PCZ3 City Centre Frame Precinct" allows for buildings to be built on the boundaries including the front boundary and against the solid wall of the current building of 12 McLean Street, as is evident with existing commercial buildings within the precinct. With this site, Council have advised that no fill is required, that it is likely that no stormwater retention will be required and that no work will be required to extend councils sewage infrastructure as a council sewer connection point is located within 1.5m of the property. Everything is in place. Insite SJC Town Planning is familiar with the site and may be able to provide advice. The site is not on the contaminated land register, so the site is suited to the food industry as well.

This block offers high exposure, plenty of cars drive past your front door to see your business which will increase your profile and visibility with great accessibility of which is incredibly important in many businesses all leading to increased profits and a great investment.

As it is not in the main street you won't be held up trying to get to your business and find a park. Your customers and staff can come and go with ease and park close at hand. High exposure, in town, out of flood and easy to pop in and out.

Any business you see operating within the City Centre Frame Precinct should be able to operate here. Potential uses include a professional office, dentist, doctor, chemist, hairdresser, retail, food the list goes on. It is simply a place of business.

Priced perfectly for a great investment call Tim McCollum today on 0427 523 088 to secure one of the last vacant commercial parcels of land in town.

Zoning- PCZ3- City Centre Frame Precinct
Land: 571m2
Frontage: 28.4m
Depth: 20.1m
Town water: Yes
Town sewage: Yes
Easement free: Yes
Out of flood: Yes
Fill required: No

Council Rates- $1,794.65 per half year.

Agent: Tim McCollum
Mobile: 0427 523 088

The information provided is for use as an estimate only and potential purchasers should make their own inquiries with council or Insite SJC to satisfy themselves of any matters.

Property History for 14 Mclean St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$225,000
29 May 2024
  • 29 May 2024
    Sold for $225,000
  • 16 Feb 2024
    Listed for Sale $250,000
  • 06 Dec 2023
    Sold for $550,000
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About Bundaberg Central 4670

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 483 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:

  • The median value for Houses in Bundaberg Central is $415,914 while the median value for Units is $386,410.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Bundaberg central.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.