SOLD
Sold on 21 Nov 2023 for $540,000

55 Targo Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Property Details for 55 Targo St, Bundaberg Central

Building Type
Commercial
Land Size
506m2
Local Government
Bundaberg Regional
Lot/Plan
2/RP287

Last Listing description (November 2023)

Steve Bernstrom at McGrath Estate Agents is pleased to present 55 Targo Street Bundaberg Central to the market for sale.

This professional office building is situated in prominent location on a main street in the Bundaberg CBD. In a prime position across the road from a major fast-food franchise (MacDonalds) and the thousands of cars & pedestrians passing by daily it gives the would-be business to occupy the premises excellent exposure.

This property is currently for sale as a vacant possession, and while its has a professional office building layout it has the option to be transformed in a retail store.

Key Attributes of this property include:

- Land: 506m2

- Building Area: 280m2 approx. 185m2 professional office area*

- Well-presented Reception Area

- 2 x Professional Offices/Consulting Rooms

- 1 x Large Open Clear Span Professional Office Space

- Spacious Dining Area

- Air conditioning

- Kitchenette & Ample Cabinetry

- Male & Female Toilet Amenities

- Ample Storage Areas & Storage Room

- Drive through access point from front of building to rear of property

- On-site carparking available and ample street parking

- Excellent Signage Opportunities

- Main Street Frontage

Contact Steve Bernstrom today to arrange an inspection or for any further information.

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Property History for 55 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$540,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $540,000
  • 26 Apr 2023
    Listed for Sale $605,000 - ALL OFFERS WELCOME
  • 06 Jun 2000
    Sold for $140,000

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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 485 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 119.99% increase in median value, while Units have seen a 56.96% increase. As at 30 September 2024:

  • The median value for Houses in Bundaberg Central is $414,280 while the median value for Units is $408,212.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bundaberg central.

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