7 Kennedy Street

Bundaberg West QLD 4670

The Phone Code for this property is: 88389. Please quote this number when phoning or texting.

.The allotment is fenced on three sides and located in central Bundaberg. Bundaberg depends on backpackers and itinerant farm workers to service employment needs in agricultural and horticultural industries. There is no planning approval required if the dwelling is used for short term accommodation and non resident workforce accommodation for not more than five (5) residents. The property could be used for specialist disability housing under the National Disability Insurance Scheme. As an owner/developer , a rental option is available with NDIS and it would be appropriate to build a 4 or 5 bedroom SDA house. Current investment returns on SDA housing exceed the normal 3% to 5% return on residential property. A very valuable site with easy access to Takalvan Street, the main access to Bundaberg from South Queensland. It is one of the few remaining blocks in Central Bundaberg. The allotment is 500 meters from the Mater Private Hospital. The Bundaberg General Hospital is approximately 1 kilometer away. The main sporting venue in Bundaberg, Salter Oval is 300 meters from the allotment. Kensington and Stockland Sugarland shopping centres are a short distance away. This is a great opportunity is develop this block in such a unique location. On current selling prices, the allotment is priced at $230 per square meter. The only other comparison in the area are for special business zoning in Takalvan Street. Land in this zoning is selling at $720 to $650 per square meter.

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