OFF MARKET

18 Targo Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1017m2
Land area: 1017m2
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Property Details for 18 Targo St, Bundaberg Central

Building Type
Commercial
Floor Size
1017m2
Land Size
1017m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP113907

Last Listing description (December 2016)

- Renowned Commercial Hotel within large coastal regional centre 350km North of Brisbane.
- Significant 1,017sqm* land holding in the Bundaberg CBD with a 25m* frontage to Targo Street.
- Hotel operates under a 3am Liquor Licence and has 14 Gaming Machine Authorities.

- To be sold as a going concern allowing the incoming purchaser to benefit from existing trade or to reposition the
operation.
- Configuration includes public bar, lounge bar, accommodation rooms (not utilised) bistro and live music area with extensive beer garden to the rear of the hotel.
- Hotel is currently owned by ASX listed Lantern Hotel Group (LTN).
For Sale by Expression of Interest closing Thursday 14th July 2016 at 12:00pm (AEST).

Property History for 18 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$1,950,000
28 Sep 2016
  • 28 Sep 2016
    Sold for $1,950,000
  • 17 Jun 2016
    Listed for Sale Not Disclosed
  • 08 May 2012
    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 484 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 3 properties listed for sale, and 3 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 16 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.