33E Quay StreetBundaberg East QLD 4670
Property Details for 33e Quay St, Bundaberg East
Last Listing description (December 2021)
Recently renovated and council approved MCU, new wheel chair access, fully air conditioned, large solar system to support tenant running costs, MCU change to suit a range of future food businesses. No option on vacant possession as business owners want to rent back for 10 x 10 years.
New Lease at Settlement: 10 years with 1st option of a further 10 years starting at $650pw rent ($33,800 Annually, plus tenant pays all outgoings Rates($5600), additional Council Fees($1000), Building/Contents Public Risk Insurance($7,000) plus $1000 building maintenance). Rent increases will be subject to CPI after 5 years.
About the Tenants:
Property History for 33e Quay St, Bundaberg East, QLD 4670
- 27 Mar 2024Sold for $350,000
- 27 May 2021Listed for Sale BUILDING ONLY $400,000 Negotiable
- 26 Jul 2016Sold for $125,000
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About 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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