SOLD
Sold on 07 Mar 2024 for $400,000

53 Walla Street
Bundaberg South QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 200m2
Land area: 584m2
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Property Details for 53 Walla St, Bundaberg South

Building Type
Commercial
Floor Size
200m2
Land Size
584m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP44960

Last Listing description (May 2024)

This unique 2-street access property built in 1894 offers character and charm for a saavy business owner ready to take on this excellent opportunity for investors or business owners looking for a versatile space in a prime location. This property features a spacious commercial space with a residential dwelling attached, providing endless possibilities for various business ventures plus additional seating area to expand the dining experience.

A well-established and highly regarded business located in the heart of Bundaberg South. The business has been serving the community for over 2 decades, building a loyal customer base and a reputation for quality food and service. This Freehold property presents an excellent opportunity for entrepreneurs and investors looking to own a successful business in the thriving Bundaberg region. A business who has thrived through every hurdle - can operate with sit down and take-away customers to suit your needs!

Attached to the commercial space is a comfortable, modern, well-maintained 2-bedroom, open plan residential dwelling with gas stove. This addition makes the property even more appealing, as it offers the convenience of living and working in the same location.

Situated on Walla Street, the property enjoys high visibility and easy accessibility, attracting both local residents and passing trade. With over $1.1K followers - you'll see why this should be your next venture.

Price:
$260,000 for the business and $450,000 for the freehold including 2-bedroom renovated unit.

Don't miss this rare opportunity to acquire a Freehold property with a successful business in Bundaberg South - next to a hairdressing salon and opposite Bundaberg South State High School, this location has excellent exposure!

Contact us for more information and to arrange a viewing, complete a confidentiality agreement and we will show you why this business posses such a great opportunity!

Snapshot:
Solar Power
Lucrative business
2-Bedroom modern, spacious home with separate air conditioned room to the courtyard
2-street frontage
Inventory
Additional space for seating area for clients

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.

Property History for 53 Walla St, Bundaberg South, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$400,000
07 Mar 2024
  • 07 Mar 2024
    Sold for $400,000
  • 02 Nov 2023
    Listed for Sale $440,000 + $240,000
  • 25 Oct 2013
    Listed for Sale All Offers Presented
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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 116.71% increase in median value, while Units have seen a 58.31% increase. As at 31 December 2024:

  • The median value for Houses in Bundaberg South is $457,397 while the median value for Units is $355,022.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 3 properties listed for sale, and 1 property listed for rent in Bundaberg south on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Bundaberg south.

Suburb Insights for Bundaberg South 4670

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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.