148 Woondooma StreetBundaberg West QLD 4670
Property Details for 148 Woondooma St, Bundaberg West
148 Woondooma St, Bundaberg West is a 8 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (August 2022)
Don't miss this exceptional opportunity to secure this entire set of block of units, set on a generous 1012m2 parcel of land, in a centrally located part of Bundaberg. Whole unit blocks like this are extremely hard to come by and offer strong potential rental returns with no Body Corporate or strata fees.
This charming set of single level units consist of 4 spacious 2 bedrooms, 1 bathroom with enclosed garages. There is also potential to further increase on the current investment with some modernization. With no sign of a slow rental market, Bundaberg West is currently at a record 0.3% vacancy rate. With all tenanted properties, there has been no concern for this low maintenance property.
Unit 1
Current Rent: $250 Per Week
Lease Expiry: July 2022
Unit 2
Current Rent: $230 Per Week
Lease Expiry: January 2023
Unit 3
Current Rent: $280 Per Week
Lease Expiry: August 2022
Unit 4
Current Rent: $220 Per Week
Lease Expiry: September 2022
PROPERTY FEATURES
- Residential B Zoning
- Large airconditioned open plan living space
- Open kitchen with good bench space and storage.
- Two good-sized bedrooms with ceiling fans and built-in wardrobes
- No body corporate or strata fees
AT A GLANCE
Units: 4
Bedrooms: 8
Bathrooms: 4
Toilets: 4
Land Size: 1012m2
Council Rates: Approximately $5500 Per Half
Rental Appraisal: $290-$310 Per Week Each Unit
Weekly Return: $980 Per Week + huge potential for rent uplift
Contact the Exclusive Marketing Agent Majella Owen on 0413 245 755 for further details.
Disclaimer: LJ Hooker have been provided with the above information; however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
Property History for 148 Woondooma St, Bundaberg West, QLD 4670
- 13 Jun 2022Sold for $820,000
- 08 Jun 2022Listed for Sale $850,000
- 19 Feb 2000Sold for $195,000
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About Bundaberg West 4670
The size of Bundaberg West is approximately 2.6 square kilometres. It has 5 parks covering nearly 24.9% of total area. The population of Bundaberg West in 2011 was 2,530 people. By 2016 the population was 2,497 showing a population decline of 1.3% in the area during that time. The predominant age group in Bundaberg West is 20-29 years. Households in Bundaberg West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg West work in a professional occupation. In 2011, 34.7% of the homes in Bundaberg West were owner-occupied compared with 32.7% in 2016.
Bundaberg West has 1,585 properties. Over the last 5 years, Houses in Bundaberg West have seen a 111.37% increase in median value, while Units have seen a 73.03% increase. As at 31 October 2024:
- The median value for Houses in Bundaberg West is $433,695 while the median value for Units is $359,841.
- Houses have a median rent of $450 while Units have a median rent of $360.
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