OFF MARKET

161 Bourbong Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 268m2
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Property Details for 161 Bourbong St, Bundaberg Central

Building Type
Commercial
Floor Size
120m2
Land Size
268m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP236

Last Listing description (September 2021)

Consisting of 2 levels (totalling 406 m2), these premises would be suitable for a restaurant, retail shop or professional offices. Located opposite Bundaberg Regional Council, Bus Park and near the post office and Moncrieff Theatre, its current Council Class Zoning is Principle Centre Zone.

The ground level consists of 2 areas - front and back and is 286 m2 . The front area was a former restaurant and has been upgraded.

Timber vinyl flooring and timber trims
Lighting throughout the ground level spaces
Electrical fittings, ceiling tiles
Freshly painted
Fully ducted air conditioning
Can seat up to 100 people comfortably

The back area consists of 7 spaces and includes:
Walk-in storage, 2 staff toilets
Walk-in cold room and freezer, hot water system, and laundry tub
Former commercial kitchen has been cleared and ready for a new fit out and the existing gas, plumbing connections are ready for
connection. for any new joinery & appliances.
• Covered carport, and storage shed which area accessible from Post Office Lane.

Upstairs is a separate level with a separate entrance from downstairs. This area is 120 m2, has polished timber floors and 3-bay windows. This area has fans and is fully air-conditioned. There is also a kitchenette and toilet area and this space is currently leased as a yoga studio. They are on a 3 year lease to the 8/1/21 with a further 1 x 3 year option paying $9000 per annum excluding GST. The property backs on to Post Office Lane featuring free all day parking.

To view this property contact Shay Kuchtin on 0466 898 073

Property History for 161 Bourbong St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$530,000
25 Feb 2021
Listed for Rent
$230/w
17 May 2016
  • 25 Feb 2021
    Sold for $530,000
  • 14 May 2019
    Listed for Sale Expressions of Interest
  • 29 Apr 2016
    Listed for Rent $12,000 / year
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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 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:

  • The median value for Houses in Bundaberg Central is $428,371 while the median value for Units is $351,286.
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.

Suburb Insights for Bundaberg Central 4670

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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.