28 Olsen StreetBundaberg East QLD 4670
Property Details for 28 Olsen St, Bundaberg East
28 Olsen St, Bundaberg East is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 870m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom Unit sold in Bundaberg East in the last 12 months.
Last Listing description (April 2024)
In the market to expand your property portfolio? Well, why not maximise your return by investing in a low maintenance brick duplex - double the property, double the return, double the opportunity all at one affordable price!
Located on a sizeable 870sqm block, you'll find this neat & easily manageable brick & tile duplex comprising of two, two-bedroom, one-bathroom units. Internally you're welcomed by the living area which then flows into the dining room & kitchen before heading up the hallway to find the bedrooms & bathroom.
Each unit includes an attached garage which doubles as the perfect soundproofing & separation between the two dwellings. The firewall here even extends through the ceiling to the roof so there is also an option to Strata Title if that fits into your plans for the future. There is still plenty of room to make this one your own with options to improve cost effectively.
Sounds like what you're looking for? Contact Bundaberg's favourite Real Estate Team - Brent Illingworth & Ethan McGowan - to take advantage of this fantastic opportunity!
RENTAL APPRAISAL - Unit 1: $350pw on a fixed-term lease until August 2024. Unit 2: $350pw expected but currently $280 per week but is on a fixed term lease until July 2024.
Ask Brent or Ethan how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.
***The information provided is to be used as an estimated only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
***Please note that there was flood water through this property during the 2013 flood disaster. Contact the Bundaberg Regional Council or contact the Agent directly to discuss further.***
Property History for 28 Olsen St, Bundaberg East, QLD 4670
- 28 Feb 2024Sold for $486,000
- 27 Nov 2023Listed for Sale Offers Above $479,000
- 18 Apr 2019Listed for Rent $225 / week
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0About Bundaberg East 4670
The size of Bundaberg East is approximately 4.6 square kilometres. It has 10 parks covering nearly 15.3% of total area. The population of Bundaberg East in 2011 was 2,810 people. By 2016 the population was 2,770 showing a population decline of 1.4% in the area during that time. The predominant age group in Bundaberg East is 0-9 years. Households in Bundaberg East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundaberg East work in a labourer occupation. In 2011, 58.3% of the homes in Bundaberg East were owner-occupied compared with 57.5% in 2016.
Bundaberg East has 1,600 properties. Over the last 5 years, Houses in Bundaberg East have seen a 93.54% increase in median value, while Units have seen a 64.75% increase. As at 31 July 2024:
- The median value for Houses in Bundaberg East is $469,573 while the median value for Units is $443,694.
- Houses have a median rent of $500 while Units have a median rent of $355.
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