5 Coal St, Bundamba is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 766m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Attention Investors - Over a 6% return based on rental appraisal!
Don't miss this excellent opportunity to secure an excellent entry level home or investment! Ready and waiting for it's new owners, 5 Coal Street sits on a conveniently located 766m2 block with great access to rail, schools and local shops. The home has been freshly painted throughout, features a tastefully renovated laundry and bathroom, fresh carpets in the living room and built-in robes and ceiling fans to the bedrooms. For the investors, this property has been rent appraised between $420 and $440 per week, offering a great return on investment.
Currently the home is a standard residential dwelling, however the block is zoned LB10 (Local business - Bundamba) which under the planning scheme allows for bulky goods retailing, outdoor sales and storage yards, automotive sales, fitting, service and repairs and more - Offering the potential for business uses in the future (STCA).
FEATURES AT A GLANCE:
- 3 bedrooms complete with built-ins and Ceiling fans.
- Spacious living area with brand new carpets.
- Stylish eat-in Kitchen with great storage and freshly polished timber benchtops.
- Renovated Bathroom with modern fittings and fixtures.
- Quaint front deck.
- Updated Internal Laundry and second toilet.
- Covered parking for 1 car, plus good under house storage.
- Spacious 766m2 block with well established mango trees.
BENEFITS OF THIS FANTASTIC LOCATION INCLUDE*:
- Only 350m walk to the Bundamba Train Station.
- Less than 500m to Bunnings
- Less than 1km to Bundamba Primary and High Schools and less than 5km to St. Peter Claver Secondary College and Sacred Heart Primary.
- Only 1km to Local Caf, convenience stores and More (Brisbane Rd)
- Only a 10 Minute Drive to the Ipswich CBD, and Approx 35 minutes to the Brisbane CBD.
Call for an inspection today - You won't want to miss this opportunity!
(*please note, all distances are approximate. STCA = subject to council approval.)
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 3,325 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:
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