4 Arthur St, Bundaberg South is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1900. The property has a land size of 1012m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Investment opportunities like this don't come up often. Not 1, not 2 but 3 for the price of 1 so take your chance and grab this affordable investment property with a cracking return whilst you can, $590 a week with the potential for more is a return not to be ignored!
Situated at the heart of Bundaberg it's literally next door to Hinkler Central shopping centre, minutes to Bundaberg High School, close to the Friendlies hospital, and just about everything else that you might need.
Consisting of 3 separate self contained units, it's made up of :
All the units are tidy and neat and offer spacious living accomodation with happy tenants who have been in place long term and are more than happy to stay. It's returning a total of $590 a week with the potential for an increase with some cosmetic updating.It's already packing a great return that punches above its weight but with minor improvements could see an even better return. The roof was replaced in 2017 and the electrical mainboard and safety switches all replaced and updated in 2013
Situated on 1012 sqm there's plenty of access to the rear of the block with a double carport for car accommodation and plenty of off street parking.
Structurally sound, it presents great value and with Bundabergs continued growth and popularity it's sure to see a solid return for many years to come. With its locality, its size and its impressive rental return and most importantly its affordability you'd be foolish not to grab this opportunity with both hands!
Don't delay, you will miss out, call me today to arrange your private inspection.
***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.***
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:
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