2 Mount Rae RoadBungundarra QLD 4703
Property Details for 2 Mount Rae Rd, Bungundarra
2 Mount Rae Rd, Bungundarra is a 3 bedroom, 2 bathroom House with 22 parking spaces and was built in 1995. The property has a land size of 101020m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Bungundarra in the last 12 months.
Last Listing description (October 2024)
A rare opportunity to secure a local landmark has become available, tightly held for the last 23 years, investors take note!
Welcome to 2 Mount Rae Road, Bungundarra, or more commonly referred to as The Brick Works!
The Shed:
- Workshop has open plan layout with significant entrance bays for machinery & trucks
- Workshop is separately metred and there is 3 phase power
- Approx 1 acre of concreted foundations, plenty of car parking
- Land use is registered as light-industry /commercial, perfect opportunity to run a business (*Businesses will still need to apply with council)
House 1:
- House one is neat and tidy
- low set brick with tiled floors
- 2 bedrooms, air-conditioning and kitchen in good condition
- bonus 2nd outdoor bathroom
- carport
House 2:
- House two has its own separate entrance and is separated from the main house and workshop
- 1 bedroom, 1 living area, kitchen and bathroom are functional
- Needs a fresh coat of paint and some new floor coverings to bring it up to rental standards
- Outdoor undercover entertaining area
The Paddocks:
Land is contoured with tiered levels in the back paddocks and selectively cleared
There is a gully down the northern boundary of the property
Water:
The dam (originally the clay pit, is situated towards the back of the block)
Property has Dam water, bore water and a large 46,000 L rain water tank
There is wattle regrowth and vegetation at the back behind the dam that could be cleared in the future.
Situated only 10 minutes from town, and close to the bypass to Rockhampton, this could be the ultimate blue chip investment.
Please email us for amounts for rates, rental projections, further information.
Property History for 2 Mount Rae Rd, Bungundarra, QLD 4703
- 31 Jul 2024Sold for $1,150,000
- 22 Sep 2023Listed for Sale P.O.A
- 19 Dec 2001Sold for $165,000
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About Bungundarra 4703
The size of Bungundarra is approximately 69.1 square kilometres. The population of Bungundarra in 2011 was 433 people. By 2016 the population was 520 showing a population growth of 20.1% in the area during that time. The predominant age group in Bungundarra is 50-59 years. Households in Bungundarra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungundarra work in a trades occupation. In 2011, 90.3% of the homes in Bungundarra were owner-occupied compared with 87.8% in 2016.
Bungundarra has 273 properties. Over the last 5 years, Houses in Bungundarra have seen a 104.90% increase in median value. As at 30 November 2024:
- The median value for Houses in Bungundarra is $1,009,487 while the median value for Units is $577,321.
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