22 Grimwood StreetBundaberg West QLD 4670
Property Details for 22 Grimwood St, Bundaberg West
22 Grimwood St, Bundaberg West is a 2 bedroom, 2 bathroom House and was built in 1940. The property has a land size of 540m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2006.
Last Listing description (April 2024)
2 HOMES FOR THE PRICE OF ONE ON PRIME RES B LAND
Buy now and enjoy the rental income whilst deciding the future use for these handy blocks close to everything. Each 540m2 block enjoys its own title and both blocks are offered together only.
The combined rental income for these properties is $500 per week and the tenants are keen to stay with lease renewals due on 15 February 2024 for another 6 monthly period.
Being zoned Medium Density Residential near a popular, high traffic area, these 2 cottage style homes which admittedly need some TLC offer a range of opportunities to a buyer with vision.
Each 1 Bedroom, 1 Bathroom home has a sun room (easily converted to a second bedroom) and a comfortable lounge room. There is a separate dining area attached to functional kitchens.
Plans will be offered for 6, 3 bedroom units which could be constructed on the site with the appropriate approvals with Ascot Homes (please note that Copyright will apply)
Call Exclusive Listing Agent Greg McMahon on 0414 518 315 to secure your inspection.
*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 22 Grimwood St, Bundaberg West, QLD 4670
- 23 Jan 2024Listed for Sale OFFERS ABOVE $580,000
- 02 Sep 2019Sold for $125,000
- 05 Jan 2018Listed for Sale $360,000 for the 2 properties to be sold together
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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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