If you want to go up, this 1069m2 site is for you. Full council approval is in place for a 30-meter-high development consisting of 9 levels of multiple use with a mixture of residential and office space. Located in the Riverside Precinct of the Bundaberg C.B.D. The block is completely outside the flood hazard area, so no problems regarding flood. From the 4th floor up a development will enjoy glorious river views. The Bundaberg Regional Council have a vision of improving and beautifying the Riverside Precinct that this development site is central to. The approved development is shovel ready. All the groundwork, engineering, preliminaries have all been done, all signed off on and all available. However, you may have a different project in mind. With a 30meter high, 9 floor development already approved with mixed use, the site clearly has amazing potential to build a landmark development here overlooking the river. The location is in the Bundaberg C.B.D, it is in the Riverside Precinct, huge migration to Queensland and the 'RISE OF THE REGIONS" has already resulted in house prices increasing by 25% over the last 18 months. Its all happening here, this is growing and thriving area with such a diverse economy.
Be quick to call Tim McCollum on 0427 523088 today to secure this one-off high-profile Riverside, C.B.D. site.
AT A GLANCE
- Vacant commercial land.
- Size- 1069m2
- Zoning- Principal Centre - PCZ1 City Centre Core Precinct
- Property is outside flood hazard area
- Council approval for Multiple Dwelling and Office- 9 floors & 30 meters high.
- Town water- Yes
- Town sewage- Yes
- High profile
- Riverside Precinct.
- C.B.D location.
- 2 separate titles.
- Council rates- $4,129.85 /6mths
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Tim McCollum
0427 523088
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
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:
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