6/36 Princess Street

Bundaberg East QLD 4670

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.