OFF MARKET

17 Targo Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 503m2
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Property Details for 17 Targo St, Bundaberg Central

Building Type
Commercial
Land Size
503m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP60197

Last Listing description (February 2022)

Positioned in the heart of the CBD is this freehold commercial building divided into 2 tenancies with strong lease on shop 1, both shops with ample off-street parking for staff.

Surrounded by a diverse mix of businesses, the premises lend itself to any type of future occupants with great traffic flow and instant exposure from all other surrounding well known and established businesses.


Property Details:

Total Rent: $55,392 P/A + GST + 74.5% of Rates

Shop 1 Rent: $44,628 P/A + GST + 74.5% of Rates
Shop 2 Rent: $10,764 P/A + GST

Shop 1 Lease Term: 3 Years
Shop 1 Lease Commencement Date: June 2021
Shop 1 Lease Expiry Date: June 30th 2023
Shop 1 Lease Option: Final Option

Shop 2 Lease Term: 1 Years
Shop 2 Lease Commencement Date: February 1st 2021
Shop 2 Lease Expiry Date: February 1st 2022
Shop 2 Lease Option: 1 Years Option

Out Goings paid by Lessor except 74.5% of Rates paid by Shop 1

Land Area: 503m2

Shop 1 Area: 156m2* + 7 designated car Parks
Shop 2 Area: 54m2* + 2 designated car parks

Rates: $4,259.60 per Year
Insurance: $798 P/A


*Approximate

For more information or to organize your personal inspection, call or email us today!!

The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

Property History for 17 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$1,010,000
10 Oct 2022
Listed for Rent
$225/w
22 Jan 2020
  • 10 Oct 2022
    Sold for $1,010,000
  • 07 Nov 2019
    Listed for Rent $12,936 / year
  • 17 Oct 2017
    Listed for Sale Not Disclosed
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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.

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.