6/36 Princess StreetBundaberg East QLD 4670
Property Details for 6/36 Princess St, Bundaberg East
6/36 Princess St, Bundaberg East is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 201m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (April 2017)
What a fantastic opportunity to buy a residence to live in or rent out with self store units that provide a passive income as well. Depending upon your own circumstances, this could be a positively geared investment!
At street level, this package offers 7 self storage sheds that provide a rental return of $40 per unit per week. Upstairs there is a comfortable 3 bedroom residence with a substantial deck for entertaining.
Being located on Princess Street, the main arterial road between Bundaberg and Bargara in a great commercial complex of shops boasts position, position, position. The shops storage sheds and residence form a strata title complex with the sheds and residence on separate titles. This would provide the opportunity to market the sheds and residence separately in the future. The 3 bedroom residence currently has previously rented for $265.00 per week on a longer term lease and for $400 for short term purposes. This offers a number of opportunities:- Passive investment renting sheds and residence Live in residence and rent sheds Use sheds for your own business or personal storage and rent residence Keep either sheds or residence and sell the other.
Property History for 6/36 Princess St, Bundaberg East, QLD 4670
- 13 Jun 2019Sold for $240,000
- 31 Jul 2017Sold for $240,000
- 04 Dec 2015Listed for Sale $269,000
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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 1,590 properties. Over the last 5 years, Houses in Bundaberg East have seen a 91.30% increase in median value, while Units have seen a 81.12% increase. As at 30 September 2024:
- The median value for Houses in Bundaberg East is $465,962 while the median value for Units is $481,100.
- Houses have a median rent of $523 while Units have a median rent of $355.
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