OFF MARKET

2 Walla Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 643m2
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Property Details for 2 Walla St, Bundaberg Central

Building Type
Commercial
Land Size
643m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP57612

Last Listing description (February 2023)

2 Walla Street Bundaberg Central 4670

For Sale:
Workshop and Showroom.

634m2
Contact the Agent

The current long-term tenants, RACQ approved Auto Electrical/Mechanical Repairer
New 5x5 year lease
Centrally located in the main business district of Bundaberg
Flood Free Site

The investment will be secured with a new 5x5 year lease from the current family-owned business who have who have operated the business for over 80years.
Net income of approximately 67,500 per annum.

Property features:
- 643m2 Total site area
- 16m2 Workshop
- 117m2 Sales/Parts area
- 24m2 Mezzanine Staffroom/Storage
- 7.5kW 3 phase power
- 6 Car Parks
- Zoned Commercial

This is an outstanding Blue-chip opportunity being offered for any investor.

For further information please contact.
Ken Callec
0427515000

Check Bundy out!
https://www.bundabergregion.org/

Property History for 2 Walla St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$250,000
02 Feb 2007
  • 10 Aug 2022
    Listed for Sale $750,000
  • 02 Feb 2007
    Transferred for $250,000
  • 31 Mar 2004
    Sold for $230,000
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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.