OFF MARKET

56 Targo Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 83m2
Land area: 390m2
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Property Details for 56 Targo St, Bundaberg Central

Building Type
Commercial
Floor Size
83m2
Land Size
390m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP81584

Last Listing description (January 2022)

A complex consisting of two spaces is available on the corner of Targo and Woondooma Street ideal for the investor with two tenants who pride themselves in customer service and presentation in all aspects of their businesses. Both spaces available on one title with a total tenancy size of 217m2, storage underneath the premises, loading bay, grassed area, kitchenette, hot water system and private toilets. Conveniently positioned on a busy corner with high exposure to two main streets in the centre of Bundaberg.

Shop 1 is a Coffee shop, Lifestyle Retail, and a Licenced Tapas Bar with 83m2 of space.
- Rental return per annum of $18,264 + GST

- Current tenant since 15th October 2021
- Lease end date 14th October 2024
- Options remaining 2 x 3 years with annual fixed increases

Shop 2 is a well-known popular makeup artist and hair salon within the Bundaberg region who has transformed a two-story timber building from ancient to a classy salon offering first class services with a comfortable setting and spiral staircase within 134m2 of space. Tenancy details as follows:
- Rental return per annum of $19,805.16 + GST
- Current tenant since 1st June 2016
- Lease end date 31st March 2022

Contact CBD Realty today and be on your way to your next business venture!

Property History for 56 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Transferred
$131,000
10 Sep 2008
Listed for Rent
$350/w
14 Dec 2021
  • 09 Dec 2020
    Listed for Sale $325,000 + GST
  • 12 Jun 2019
    Listed for Rent $12,480 / year
  • 14 Apr 2016
    Listed for Rent - Price not available
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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.