OFF MARKET

18/5 Aviation Crescent
Kensington QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2433m2
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Property Details for 18/5 Aviation Cres, Kensington

Building Type
Land
Land Size
2433m2
Local Government
Bundaberg Regional

Last Listing description (October 2024)

Only 3 of these acre plus blocks remain within the prestigious Aerospace Precinct.
Three parcels remain out of the original 19 blocks released, emphasising their popularity in the Industrial market. The balance of the estate has been sold due to location, exposure and future investment potential.
The following parcels are available:

16 Airport Drive $364,950 + GST 2433m2 Approx 35m Frontage
18 Airport Drive $420,600 + GST 2804m2 Approx 37.5m Frontage
5 Aviation Crescent $366,560 + GST 2528m2 Approx 52m Frontage
Directly opposite is the Bundaberg Airport and many other strategically located outlets including the Flying Doctor Service, Liberty Service Station facilitating large truck haulage/car fuelling and retail, prominent retail outlets including the Coles Shopping Centre, Harvey Norman, Sugarland Shopping Centre etc. The Isis Highway is within 250m's which is a main arterial road to the Bundaberg CBD (approx 6km's), Bundaberg Ring Road (approx 3.5km's) and leads to the Bruce Highway (approx. 40km's).
A huge attraction for this area will be the Airport Hotel and the New Bundaberg Hospital which has commenced construction. (A massive boost for the Bundaberg Precinct).
As a matter of interest Johanna Boulevard which is in close proximity comprises further prominent retail names including Bunnings, Bundaberg Motor Group, Kalkie Moon nearby and large retail outlets including Anaconda which is currently under construction.
Many businesses have moved to this Industrial Precinct, injecting serious money into this zoning, well knowing the potential, scope and magnitude of the immediate area.
Bundaberg is renowned as a major food capital of Australia with diverse and specialized industries such as Macadamia Australia, Bundaberg Brewed Drinks and Bundaberg Rum. Several new and potential enterprises are claiming Bundaberg their preferred location and are becoming the front runners in renewable energy, food technology and processing, advanced manufacturing, and agricultural Technology.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material.
Accordingly, all interested parties should make their own enquiries to verify the information provided.

Property History for 18/5 Aviation Cres, Kensington, QLD 4670

A timeline of how this property has performed in the market
  • 29 Jul 2024
    Listed for Sale From $364,940 plus GST

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About Kensington 4670

The size of Kensington is approximately 15.6 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Kensington in 2011 was 546 people. By 2016 the population was 564 showing a population growth of 3.3% in the area during that time. The predominant age group in Kensington is 60-69 years. Households in Kensington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kensington work in a labourer occupation. In 2011, 70.7% of the homes in Kensington were owner-occupied compared with 69.2% in 2016.

Kensington has 428 properties. Over the last 5 years, Houses in Kensington have seen a 105.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Kensington is $705,998 while the median value for Units is $382,530.
  • Houses have a median rent of $298.
There are currently 7 properties listed for sale, and 1 property listed for rent in Kensington on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Kensington.

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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.