OFF MARKET

69 Bourbong Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 311m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 69 Bourbong St, Bundaberg Central

Building Type
Commercial
Floor Size
300m2
Land Size
311m2
Local Government
Bundaberg Regional
Lot/Plan
4/RP89265

Last Listing description (December 2015)

A RARE opportunity now presents itself here in the heart of the C.B.D of Bundaberg. First time offered for sale in 40 years is this prime commercial property. Better still is the timing with the Gas Pipeline now approved for Bundaberg. The bricks and mortar are now up FOR sale. Bundaberg Icon s- The HUT Menswear and the bridal shop- Casar Elegance have been trading out of for as long as most of us can remember. These well-established, well managed business are going strong as we are still buying Men s wear and we are still getting married. These 2 iconic businesses are here to stay and have just re-signed another 3 year lease at $47,000 inclusive of G.S.T P/A with C.P.I to stay put at this fantastic location being 69 Bourbong Street Central Bundaberg.
This property is one for the investor looking for a safe return with interest rates at near all-time lows. Aside from a better return than the bank this property in the heart of the C.B.D also offers GREAT potential for capital growth. With the Gas pipeline now approved with both governments Bundaberg s diverse economy now has the much needed final driver that has been required to see our region take off. Knauf Plasterboard manufacturing is now locked into the region at the Bundaberg Port and more industries are set to join them in the near future thanks to the new gas resource that is about to go into the Port of Bundaberg. Bundaberg Port now has plenty of development on the horizon and with Bundaberg s median price at around $285,000 the last link in the chain is now in place for our region to prosper.
The building at 69 Bourbong Street has had a major renovation in both the menswear section of The HUT and the Bridal shop Casar Elegance leaving nothing for the new owner of the building to worry about. The building also offers 2 street access and has staff car parking out the back.

These long term successful tenants are locked in for the next 3 years, the shop is fitted out, collect the rent and watch your investment grow along with our region.
Call Tim McCollum on 0427523088 for more details.
Address-
69 Bourbong Street, Bundaberg Central
Price - $595,000
Rates $3012 per half year.
Rent $47,000 inclusive of G.S.T P/A
Tenants- THE HUT Menswear and Casar Elegance
Lease- 3 years with C.P.I plus 3 year option
Agent: Tim McCollum
Phone: 0427523088
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

Property History for 69 Bourbong St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$620,000
10 Aug 2023
  • 10 Aug 2023
    Sold for $620,000
  • 10 Jul 2017
    Sold for $550,000
  • 11 Apr 2015
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Bundaberg Central 4670

Market Insights
Bundaberg Central Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bundaberg Central Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.