SOLD
Sold on 25 Jul 2024 for $230,000

33 Burrum Street
Bundaberg West QLD 4670

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 118m2
Land area: 1012m2
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Property Details for 33 Burrum St, Bundaberg West

Building Type
Land
Year Built
2024
Floor Size
118m2
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
72/B15810

Last Listing description (August 2024)

Welcome to 33 Burrum Street, Bundaberg West, an exceptional vacant land offering an incredible opportunity for developers and investors. With development approval already secured for the construction of three residential units, this cleared and ready-to-build site presents an enticing prospect for those seeking a lucrative project in a highly sought-after location. Within close proximity to the medical precinct, including the renowned Friendlies Private Hospital, this property is ideally positioned to cater to the demands of the local community.

Property Highlights:
Address: 33 Burrum Street, Bundaberg West

Land Size: 1,012sqm, Corner Allotment.
Development Approval: Approved for the construction of 3 residential units. (2 x 3-bedroom units and 1 x 1-bedroom)
Documentation: All relevant documents pertaining to the Development Approval are available for serious buyers.

Prime Location:
Situated in Bundaberg West, this development site is perfectly positioned to benefit from its proximity to the medical precinct. The Friendlies Private Hospital, a renowned healthcare facility, is just a stone's throw away, providing convenient access to top-notch medical services for residents. This strategic location ensures that the demand for housing in the area remains consistently high, making it an attractive investment opportunity for developers.

Development Potential:
With development approval already in place for the construction of three residential units, this vacant land offers an exceptional opportunity for developers and investors alike. The cleared site provides a blank canvas for designing and constructing modern, well-appointed units that cater to the needs of the local market. Whether you plan to build and sell the units individually or hold them as an investment, this development site holds immense potential for substantial returns.

Infrastructure and Amenities:
In addition to its proximity to the medical precinct, 33 Burrum Street benefits from easy access to a range of amenities and facilities. Nearby educational institutions, parks, shopping centres, and recreational areas ensure that residents will have everything they need within close reach. The thriving Bundaberg West neighbourhood offers a harmonious blend of convenience and tranquillity, making it an attractive place to live.

Documentation and Enquiries:
For serious buyers interested in this exceptional development opportunity, all relevant documentation relating to the Development Approval is readily available. We invite you to reach out to our team to obtain further information, schedule site visits, and discuss the potential this property holds.
Don't miss out on the chance to secure this prime development site in Bundaberg West. Contact Exclusive listing agent Rob Prendergast, 0412 511 220 today to take the first step towards realising your investment goals and unlocking the full potential of 33 Burrum Street.

Property History for 33 Burrum St, Bundaberg West, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$230,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $230,000
  • 09 May 2024
    Listed for Sale Offers Above $285,000
  • 02 Jun 2023
    Listed for Sale Offers Above $299,000
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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.
There are currently 7 properties listed for sale, and 1 property listed for rent in Bundaberg west on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Bundaberg west.

Suburb Insights for Bundaberg West 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.