OFF MARKET

47 Targo Street
Bundaberg Central QLD 4670

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Property Details for 47 Targo St, Bundaberg Central

Building Type
Commercial
Local Government
Bundaberg Regional
Lot/Plan
1/RP71416

Last Listing description (February 2024)

An Exceptional investment opportunity in the heart of Bundaberg Central!!!

This prime commercial property, located at 56 Woongarra Street, offers a highly sought-after location and boasts a 80% tenancy rate. 4 / 5 spaces with secure long-term tenants in place.

Tenant mix includes a Barbar shop, Strategic HR Support, Musical instrument store, Music teachers - Licensed Educator facility & 1 x vacant space previously occupied by a telecommunications company. Long-term tenants in place in ideal location.

Situated on the bustling Woongarra Street, this property benefits from high foot traffic and excellent exposure. Its convenient location ensures easy access for both tenants and customers. Currently, 80% of the property is tenanted, providing a steady income stream from reliable and established businesses. The diverse mix of tenants ensures a well-rounded investment portfolio and minimizes vacancy risks. The property features a well-maintained building and offers ample on-site parking, providing convenience and ease for both tenants and visitors.

Contact us today to arrange a private viewing or to obtain further information.
Contact Just Us Commercial today on 07 4154 4178!!!

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.

Property History for 47 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$1,495,000
06 Mar 2007
  • 04 Aug 2023
    Listed for Sale $2,100,000
  • 31 Oct 2019
    Listed for Rent $25,000 P.A. + GST
  • 02 Oct 2004
    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 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.