133 Targo StreetBundaberg South QLD 4670
Property Details for 133 Targo St, Bundaberg South
133 Targo St, Bundaberg South is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 969m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (June 2023)
Targo Street Triplex With Potential To Improve!
When it comes to chasing fantastic returns (7% plus gross currently) you won't find much better than a body corporate free triplex - and look what we've got here. Exactly that but with the added bonus of potential to improve! How so we hear you ask? Read on!
133 Targo Street currently presents as three two bedroom, one bathroom units each of which incorporate a single carport doubling as entertaining space. Each unit reflects the other with very functional layouts. There is an open plan living space incorporating the dining and kitchen (including electric appliances) in the centre of each dwelling while up the hallway are two bedrooms in addition to a single bathroom (shower / toilet only).
Now, here's the kicker! This fantastic investment is established on an ever so spacious 969sqm flood free block with ample room to front which screams potential to develop the property further - subject to Bundaberg Regional Council approvals.
Located in Bundaberg South convenience is top of mind being a stone's throw away from Olsen's Corner / Foodworks and a short walk to Hinkler Shopping Centre! Contact Bundaberg's favourite Real Estate Team - Brent Illingworth & Ethan McGowan - as inspections are by appointment only.
RENTAL OVERVIEW (MANAGED IN HOUSE):
Unit 1 - Returning $275 per week with lease from 11 Nov 2022 to 13 Nov 2023.
Unit 2 - Returning $275 per week with lease from 17 Feb 2023 to 16 Feb 2024.
Unit 3 - Returning $275 per week with lease from 9 Jan 2023 to 8 Jan 2024.
Rates approximately $3,600 per half year.
Ask Brent or Ethan how to go about getting placed in touch with the current Property Manager from our RealWay Team who'd be more than happy to discuss the rental options with you one-on-one in a personalised fashion.
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Property History for 133 Targo St, Bundaberg South, QLD 4670
- 15 Apr 2023Sold for $625,000
- 05 Apr 2023Listed for Sale Offers Above $599,000
- 06 Oct 2021Sold for $545,000
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0About 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.
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