83 Barolin EsplanadeCoral Cove QLD 4670
Property Details for 83 Barolin Esp, Coral Cove
Last Listing description (May 2019)
Here is an excellent opportunity to purchase this great property comprising of 4 flats all occupied and returning $600.00 per week combined in Bundaberg's rapid developing growth corridor providing the potential to do business and redevelop if exposure to large numbers of passing traffic and exposure is required.
This property is on an 809m2 easement free Residential B allotment only one block back from Walker Street and South Side Shopping precinct, approx. 1.4km to Bundaberg CBD / Post Office and with good exposure this property offers the potential and solution for why many businesses wish to develop and relocate to this position.
Major road upgrades have just been completed along Barolin Street between Walker Street and Hinkler Shopping Centre and this strip is now the home to many new commercial tenancies including Medical Centres, Engineering and Surveying Offices, Town Planners, Dental Clinics, Financial Advisors, Valuers, Solicitor Offices and many more.
For any additional information call or email marketing agents Aaron Thompson & Scott Mackey before it is too late.
At a Glance:
Unit 1
Lease Start - 24/03/2018
Lease Expiry - 21/03/2019
Lease Term - 12 months
Rent - $150
Unit 2
Lease Start - 11/12/2018
Lease Expiry - 11/06/2019
Lease Term - 12 months
Rent - $150
Unit 3
Lease Start - 03/08/2018
Lease Expiry - 05/02/2019
Lease Term - 6 months
Rent - $150
Unit 4
Lease Start - 29/09/2018
Lease Expiry - 24/09/2019
Lease Term - 12 months
Rent - $150
Land size: 809m2
Zoning: Residential B
Primary Land Use: Multi unit Dwelling (Flats)
RPD: L22 RP 13457: PAR BUNDABERG
Frontage: 20.1m
Depth: 40.3m
NBN available
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
Property History for 83 Barolin Esp, Coral Cove, QLD 4670
- 13 Sep 2017Listed for Sale $379,000
- 12 Apr 2012Listed for Sale $187,000
- 04 Sep 2010Sold for $150,000
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About Coral Cove 4670
The size of Coral Cove is approximately 2.3 square kilometres. It has 5 parks covering nearly 48.4% of total area. The population of Coral Cove in 2011 was 1,127 people. By 2016 the population was 1,289 showing a population growth of 14.4% in the area during that time. The predominant age group in Coral Cove is 60-69 years. Households in Coral Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coral Cove work in a professional occupation. In 2011, 64.2% of the homes in Coral Cove were owner-occupied compared with 69% in 2016.
Coral Cove has 793 properties. Over the last 5 years, Houses in Coral Cove have seen a 108.00% increase in median value, while Units have seen a 29.57% increase. As at 31 October 2024:
- The median value for Houses in Coral Cove is $782,281 while the median value for Units is $324,718.
- Houses have a median rent of $650.
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