Unique freehold commercial investment package consisting of 8 shops all in a great Bundaberg inner City location.
6 of the shops are located in Targo street and 2 immediately around the corner in Quay Street. Each of the shops are presented in very tidy condition and all are tenanted.
After many years of ownership the the properties are now being offered for sale as a package, however a part sale may be considered.
At the asking price of $1,100,000, the return on investment is approximately 8% representing an excellent buy in the current market.
15 Targo Street: 508m2
17 Targo Street: 503m2
Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.
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 501 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 123.11% increase in median value, while Units have seen a 28.40% increase. As at 31 December 2024:
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