OFF MARKET

10 Bergins Hill Road
Bundamba QLD 4304

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 468m2
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Property Details for 10 Bergins Hill Rd, Bundamba

10 Bergins Hill Rd, Bundamba is a 2 bedroom, 1 bathroom Unit. The property has a land size of 468m2.

Building Type
Unit
Land Size
468m2
Local Government
Ipswich
Lot/Plan
2/SP288253

Last Listing description (October 2023)

SIX UNITS IN ONE FABULOUS PRIME LOCATION
10 BERGINS HILL RD BUNDAMBA QLD
6 x 2 BED 1 BATH UNITS (STRATA TITLED)

OFFERS OVER $1,300,000

PROPOSED RENT PER WEEK $2100
RETURNING PROPOSED $109,200 PER ANNUM

This is an exciting opportunity to secure a prime investment close to shopping, rail and all the amenities' tenants would require.
These immaculate large townhouse style units have a large downstairs living space and modern kitchens and internal laundry, two spacious bedrooms with built in wardrobes and good-sized bathroom upstairs.
All units have two access/exit points with the back door leading to private courtyards and UNIT 6 has a lock up private large yard and garden shed and UNIT 1 has a lock up spacious private yard.
All units are fitted with compliant smoke alarms and an air conditioner on the upper level.
Currently water is not metered to the individual units.

UNIT 1 RENTED $370 PER WEEK UNTIL MAY 2023 85M2 (UPSTAIRS AND DOWNSTAIRS) YARD 84 M2 PLUS CARPORT 15M2

UNIT 2 RENTED $265 PER WEEK UNTIL FEBRUARY 2023 85M2 (UPSTAIRS AND DOWNSTAIRS) COURTYARD 18M2 PLUS CARPORT 15M2

UNIT 3 RENTED $350 PER WEEK UNTIL MAY 2023 85 M2 (UPSTAIRS AND DOWNSTAIRS) COURTYARD 18M2 PLUS 16M2 CARPORT

UNIT 4 RENTED $360 PER WEEK UNTIL MAY 2023 85M2 (UPSTAIRS AND DOWNSTAIRS) COURTYARD 18M2 PLUS CARPORT 14 M2

UNIT 5 RENTED $360 PER WEEK UNTIL MAY 2023 85 M2 (UPSTAIRS AND DOWNSTAIRS) COURTYARD 18M2 PLUS CARPORT 14M2

UNIT 6 RENTED $360 PER WEEK UNTIL MAY 2023 85 M2 (UPSTAIRS AND DOWNSTAIRS) YARD 204M2 PLUS CARPORT 16M2

PER ANNUM COSTS

RATES TOTAL $11906.00
WATER AND SEWERAGE $5155.00
COMMUNAL WATER $2489.00
BODY CORP INSURANCE $7455.45
RESIDENTIAL LANDLORD INS $813.00
COMMUNAL ELECTRICITY $436.00
MANAGEMENT FEES $9369.00 PLUS GST
SMOKE ALARM MAINT $774.00
MOWING $1575.00

There are 6 tenant carports on the property with 3 visitor carparks available.
This property is close to well-regarded schools, Riverlink shopping Centre, Bundamba and Booval Shopping Centre, Ipswich CBD, Bundamba Train Station, plus numerous medical, dental and professional services, restaurants, cafes, sporting facilities and entertainment venues. Only 35 minutes from Brisbane these units are ideally located.

The units have great street appeal and have been immaculately maintained and are available now.
This property represents an excellent opportunity for investors to secure this fabulous block of units on 1160m2.
These units have been priced to sell
To inspect please contact Jo James on 0403048274

Property History for 10 Bergins Hill Rd, Bundamba, QLD 4304

A timeline of how this property has performed in the market
  • 13 Oct 2023
    Listed for Sale Not Disclosed
  • 03 Nov 2022
    Listed for Sale Offers Over $1,300,000

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About Bundamba 4304

The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.

Bundamba has 3,327 properties. Over the last 5 years, Houses in Bundamba have seen a 103.95% increase in median value, while Units have seen a 71.75% increase. As at 31 October 2024:

  • The median value for Houses in Bundamba is $577,770 while the median value for Units is $430,614.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Bundamba.

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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.