Outstanding opportunity with high traffic exposure
Outstanding opportunity on offer with high traffic exposure in the growth area of Bundaberg.Kensington Lakes is more a new suburb then a development integrating residential, commercial, retail, sporting and parks with Australias first ever Airpark.Kensington Park surrounds you with national tenants and relocation of long established business's this is the prime location for you to re-locate your business to take market share from your competitors and grow your business.With interest rates never more affordable and commercial property yields so high your opportunity is here to become your own landlord and reap the benefits of paying yourself rent and creating a strong asset for the future and your retirement.Commercial lots ranging from; 2466m2 to 4832m2 or string some blocks together to form a 20,935m2 super site with 2 street frontage on Commercial Ave.Price's from $100/m2 please call Aaron Thompson or Scott Mackey on (07) 41318844 for detailed information or visit our website kensingtonlakes.com.au
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:
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