86 Quay StreetBundaberg West QLD 4670
Property Details for 86 Quay St, Bundaberg West
86 Quay St, Bundaberg West is a 8 bedroom, 4 bathroom Unit and was built in 1950. The property has a land size of 1012m2 and floor size of 368m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (January 2024)
This 1950's built block of flats sits on a 1012m2 block of land, zoned residential B (medium to high density) and generates a return not to be overlooked.
Unit 1 (top right) - $250 per week
Unit 2 (bottom right) - $260 per week
Unit 4 (bottom left) - $245 per week
Currently at $53,040 annual rental return providing a potential 7% gross yield.
Along with a new roof and a freshen up paint, the flats offer a fantastic outlook over the Burnett River, especially from the top 2 units, while the entire dwelling itself only takes up the front half of the block offering space for potential further development subject to council approval.
All 4 units offer a front patio, kitchen, living and dining, 2 bedrooms plus an additional space for an office, or study and 1 bathroom. The upstairs bathrooms have plumbing for washing machines while downstairs the laundries come off of the breeze way through the middle of the flats.
For a more in-depth look, please view our Virtual Tour. Call, text or email Ainsley Driver and Zak Wright for more information, or to book a viewing!
Property History for 86 Quay St, Bundaberg West, QLD 4670
- 12 Sep 2023Sold for $750,000
- 05 Apr 2023Listed for Sale Offers Over $750,000
- 21 May 2021Listed for Rent $225 / week
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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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