OFF MARKET

10 Mcmannie Street
Bundaberg South QLD 4670

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 503m2
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Property Details for 10 Mcmannie St, Bundaberg South

10 Mcmannie St, Bundaberg South is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 503m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Land Size
503m2
Local Government
Bundaberg Regional
Lot/Plan
2/RP152286

Last Listing description (October 2023)

Complex of 3 townhouses on the one title just 900m to the Bundaberg C.B.D. Just 230m to major shopping and more ensures these townhouses will always rent out easily providing a reliable, solid return for the savvy investor.

Each townhouse consists of 2 bedrooms, 1 bathroom and a balcony on the upper level with the kitchen, dining, lounge, laundry on the ground level. Each town house offers a single carport as well. Brick construction, concrete slab with a colorbond style roof.

Positioned on an easy maintenance 503m2 block keeping the costs down and leaving minimal work for the tenants to do.

Although these townhouses are centrally located, they are positioned on a quiet street.
With the demand for housing continuing to out-way supply, it is likely that the rental return will continue to increase.

Be quick to secure this solid investment opportunity or your home with a passive income. Call Tim McCollum today on 0427 523 088 or Tara Bedford on 0499 656 985.

AT A GLANCE:

LAND
- Land- 503m2
- Zoning- Medium Density Residential
- Town Water - Yes
- Town Sewage - Yes

EACH UNIT CONSISTS OF:
- 2 Bedrooms
- 1 Bathroom
- Open plan living/dining/kitchen
- Internal laundry
- Single carport

TENANTS
UNIT 1: Tenant in place paying $300/wk on a fixed term lease until 12.02.2024.

UNIT 2: Tenant in place paying $285/wk on a fixed term lease until 20.11.2023.

UNIT 3: Tenant in place paying $285/wk on a fixed term lease until 03.12.2023.

RATES: $6600 per year including water (approx).
Lawn- $1,020 / year approx. (Property manager organises a mower man, owner pays. $60 each time).
Insurance-$1,400 / year- Suncorp

Agent: Tim McCollum
Mobile: 0427 523 088

The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.

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Property History for 10 Mcmannie St, Bundaberg South, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$600,000
28 Aug 2023
Listed for Rent
$195/w
22 Feb 2011
  • 28 Aug 2023
    Sold for $600,000
  • 23 Aug 2023
    Listed for Sale $600,000
  • 02 May 2019
    Listed for Rent $225 / week
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About Bundaberg South 4670

The size of Bundaberg South is approximately 2.2 square kilometres. It has 10 parks covering nearly 17.9% of total area. The population of Bundaberg South in 2011 was 3,424 people. By 2016 the population was 3,318 showing a population decline of 3.1% in the area during that time. The predominant age group in Bundaberg South is 20-29 years. Households in Bundaberg South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg South work in a labourer occupation. In 2011, 41.9% of the homes in Bundaberg South were owner-occupied compared with 38.4% in 2016.

Bundaberg South has 1,971 properties. Over the last 5 years, Houses in Bundaberg South have seen a 113.76% increase in median value, while Units have seen a 58.97% increase. As at 30 November 2024:

  • The median value for Houses in Bundaberg South is $454,379 while the median value for Units is $360,221.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 4 properties listed for sale, and 1 property listed for rent in Bundaberg south on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Bundaberg south.

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