53 Perry StreetBundaberg North QLD 4670
Property Details for 53 Perry St, Bundaberg North
Last Listing description (April 2024)
Located in the Professional Centre of the "Commerce North Building" in North Bundaberg just off the Burnett Bridge. This is a fantastic location with great parking for customers out the front and off-street parking available for the tenants. This property is close to the Bundaberg CBD, amenities, and excellent exposure from passing traffic and accompanying businesses.
This complex built in 1970 was refurbished in 1995 and 2013 was originally a shopping mall and is now a professional complex divided between 8 tenancies, 7 of which are on ground level and 1 upstairs. Extensive renovations have been undertaken on this property with flood mitigation in mind from positioning of gyprock, to power points and everything in between!
100% occupied with a variety mix of tenancies including a home builder, skin care, Aboriginal corporation (TAC), web designers, insurance brokers, apprenticeship centre, and ability support centre.
- 8 tenancies with a letting area of approx. 600m2
- Under covered breezeway with accessibility to the rear car-parking area and toilet block
- Toilets: 2 ladies, 1 male, 1 PWD accessible, and 1 private making up a total of 5 toilets for the tenants and clients to utilise
- Double garage
- Parking allocated to the tenants and clients to the rear and side of the property, including 1 x disability parking space
- Presentable complex with garden beds and secure gated access to the toilet block to ensure private access for the complex tenancies only
This complex has a solid return with long-standing tenants in place and is a great investment!
Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.
Property History for 53 Perry St, Bundaberg North, QLD 4670
- 04 Jan 2024Sold for $950,000
- 25 Jul 2023Listed for Sale $950,000
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0About Bundaberg North 4670
The size of Bundaberg North is approximately 15.4 square kilometres. It has 16 parks covering nearly 10.2% of total area. The population of Bundaberg North in 2011 was 5,483 people. By 2016 the population was 5,436 showing a population decline of 0.9% in the area during that time. The predominant age group in Bundaberg North is 60-69 years. Households in Bundaberg North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg North work in a labourer occupation. In 2011, 66.9% of the homes in Bundaberg North were owner-occupied compared with 62.2% in 2016.
Bundaberg North has 2,823 properties. Over the last 5 years, Houses in Bundaberg North have seen a 116.82% increase in median value, while Units have seen a 64.60% increase. As at 31 October 2024:
- The median value for Houses in Bundaberg North is $465,969 while the median value for Units is $339,165.
- Houses have a median rent of $530 while Units have a median rent of $370.
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