Newly on the market, this property offers an opportunity to the astute investor or developer. Being only one street off the main street in Bundaberg this property is well located and offers a range of uses. The property consists of two building sitting on two title deeds of 506 m2 each.
Both buildings are constructed in solid brick and have been used as professional offices for a long time. They both have a variety of offices, kitchen, toilets and both air-conditioned. With the owners moving on to new premises an opportunity now arises for an owner occupier and developer to snap this property up.
Knock over and build a new multi-story office complex, purchase to owner occupy or snap this up to put a tenant into and hold as a commercial investment. The opportunity is here, ready and waiting. Don't miss out! Inspect today.
Offers above $1,000,000 will be considered.
Contact David Radonich at CBD Realty today on 07 4154 4178!!
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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