OFF MARKET

117 Targo Street
Bundaberg South QLD 4670

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 128m2
Land area: 969m2
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Last updated 16 Dec 2024
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Property Details for 117 Targo St, Bundaberg South

117 Targo St, Bundaberg South is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 969m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1940
Floor Size
128m2
Land Size
969m2
Local Government
Bundaberg Regional
Lot/Plan
7/RP13432

Last Listing description (March 2024)

Home owners and investors alike will be drawn to this inviting opportunity for lifestyle with built-in capital gains. Many properties are one-dimensional falling under the "Residential A" zoning (Single Dwelling) however, this property has the added attraction of a "Medium Density" zoning which opens the door for Multi-Unit Development and also Commercial development STCA* now or in the future.
A versatile property - Ready for your family to move in and develop later for a nice superannuation top-up, or investors can rent out for attractive returns now and develop later. Whatever your circumstances, you can have comfort in knowing that your asset has value added potential for future capital gains.
The old adage of "Location, Location, Location" applies here. You won't need a car living here, every city service is just a short stroll away saving you time and money.

A Solid, family friendly home with an abundance of "Queenslander" character awaits your inspection.
PROPERTY PROFILE
- High ceilings, Polished Floors and T & G Walls
- Front and side verandahs with several accesses to bedrooms & living.
- Modern Kitchen and adjoining Dining room.
- Perfect floorplan to add a deck.
- Large family room, Modern bathroom.
- Secure Parking under and Double carport at rear.
- Concrete Stumps. Roof and Electrics in good order.
- Side Access to oversized 969m2 fenced allotment
- Rental Appraisal - Min $450p.w. ($23,400p.a.)
- Zoned "Medium Density" Perfect for Unit development
- Commercial potential also adds to your future capital gains.
- Walk to "Hinkler Central" & City Centre Retail precinct, Bistro's, Hotels, Clubs, Restaurants, Dan Murphy's, Schools, Daycare, everything you need.

Owners have career commitments away from Bundaberg. Given the property type, zoning and price, your early inspection and offer is highly recommended.

Note: * STCA - Subject to Council Approval.

Enquiries and Inspections to the Exclusive Marketing Agent Gary Martin on 0417 635390 and gary@realwaybundaberg.com.au

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Property History for 117 Targo St, Bundaberg South, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$450,000
25 Oct 2023
Listed for Rent
15 Jan 2024
  • 05 Jan 2024
    Listed for Rent $580 / week
  • 25 Oct 2023
    Sold for $450,000
  • 18 Oct 2023
    Listed for Sale Offers Above $399,000
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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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