2 O'Connell St, Millbank is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 501m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Old world charm meets modern features in this character-filled home ripe for the picking for a savvy investor or patient home buyer who'll see out the current lease! The tenant has been in place seven years and is truly wonderful, prepared to stay on and paying $275pw until August 2022.The house itself is affordable and ticks a lot of boxes. The living area is central to the home with the two bedrooms branching off from there. The rear of the home displays the updated kitchen bathroom while in between is the dining space.The home has been cleverly positioned on the 501sqm block to allow for the 4m x 6m shed (approx.) including automatic roller door and accompanying side access. There's still plenty of room for the kids to kick a ball in complete privacy thanks to the six foot hardwood fully fenced block. 2 O'Connell Street in Millbank is one of the best opportunities you'll find in this market as a first home buyer, investor or anyone simply wanting to downsize. Due to the current lease and out of respect to the long term tenant, private inspections are a MUST for viewing this quaint home. Contact Bundaberg's Favourite Real Estate Team - Brent Illingworth Ethan McGowan - now to arrange your inspection!
The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of total area. The population of Millbank in 2011 was 2,601 people. By 2016 the population was 2,516 showing a population decline of 3.3% in the area during that time. The predominant age group in Millbank is 60-69 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation. In 2011, 60.4% of the homes in Millbank were owner-occupied compared with 55.7% in 2016.
Millbank has 1,209 properties. Over the last 5 years, Houses in Millbank have seen a 118.49% increase in median value, while Units have seen a 80.01% increase. As at 31 October 2024:
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