SOLD
Sold on 05 Jun 2024 for $320,000

45A Walla Street
Bundaberg South QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 692m2
Sold By
Ascot Real Estate Bundaberg
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Property Details for 45a Walla St, Bundaberg South

Building Type
Commercial
Land Size
692m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP140010

Last Listing description (October 2024)

It doesn't get much better than this; a shop with almost 20 metres of frontage to a busy CBD feeder road zoned Shops - Secondary Retail (Fringe CBD) allowing for an abundance of Service Industry Uses.

Built with solid block on part slab floor and part elevated timber to monolithic standards, this shop measures approximately 19.35 metres frontage to Walla Street with a depth of 29.2 metres giving a size of some 565.2 metres. Disclaimer: Buyers should of course conduct their own due diligence to confirm exact distances and dimensions.)

There is plenty of off street angle parking out front for customers on busy Walla Street which feeds traffic into the CBD. There is an easement off George Street that benefits the property for loading and unloading of goods.

Internally, the shop can be arranged for whatever specific requirements the new owner might require. It could be further spit and sub let for additional income. The shop also provides 2 toilets out back.

Potential buyers are encouraged to conduct their own enquiries regarding available uses however the Bundaberg Regional Council Planning Scheme sets out the definition of Service Industry as being:

“The use of premises for an industrial activity that-
a) Does not result in off-site air, noise or odour emissions; and
b) Is suitable for location other non-industrial uses.

Examples include:
Audio visual equipment repair, bicycle repairs, clock and watch repairs, dry cleaning, film processing, hand engraving, jewellery making, Laundromat, locksmith, picture framing, shoe repairs, tailor.”

45a Walla Street therefore provides potential buyers to purchase a well established premises in a convenient location to get down to business at far less that the cost of land purchase and purpose build.

The current tenants are on a month to month lease so this property could be your place of business sooner rather than later. Call Exclusive Listing Agent Greg McMahon on 0414 518 315 for a private inspection.

Rates: $3,030.90 per half year. Insurance: $2,125 yearly.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor, or contracted illustrator takes any responsibility for any omission, wrongful inclusion, mis-description, or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified*

Property History for 45a Walla St, Bundaberg South, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$320,000
05 Jun 2024
  • 06 Jun 2024
    Listed for Sale $450,000
  • 05 Jun 2024
    Sold for $320,000
  • 20 Oct 2022
    Listed for Sale $450,000
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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 1,944 properties. Over the last 5 years, Houses in Bundaberg South have seen a 107.76% increase in median value, while Units have seen a 71.82% increase. As at 31 October 2024:

  • The median value for Houses in Bundaberg South is $435,560 while the median value for Units is $363,941.
  • Houses have a median rent of $485 while Units have a median rent of $360.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Bundaberg south on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Bundaberg south.

Suburb Insights for Bundaberg South 4670

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.