16 Mclean StreetBundaberg Central QLD 4670
Property Details for 16 Mclean St, Bundaberg Central
Last Listing description (April 2018)
-Opportunity exists to purchase a rare inner-city commercial property under $200,000
-441m2 lot with NO EASEMENTS
-Bitumen to the curb on both sides
-Access is easy with dual frontages
-Existing old house (very poor condition)
-Suitable for the astute investor to develop this allotment located in the heart of the expanding and vibrant Bundaberg City
-Zoned Business or Centre, Primary land use is Shops - Main Retail
-Opportunity exists for the purchaser to explore a magnitude of options potentially including a cafe, business/residential combination, retail space or whatever you may desire. (Subject to Council Approvals)
Property History for 16 Mclean St, Bundaberg Central, QLD 4670
- 06 Dec 2023Sold for $550,000
- 16 Feb 2018Sold for $165,000
- 09 Feb 2018Listed for Sale Not Disclosed
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0About 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.
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