OFF MARKET

6/31 Payne Street
Millbank QLD 4670

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 117m2
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Property Details for 6/31 Payne St, Millbank

6/31 Payne St, Millbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 117m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2017
Floor Size
89m2
Land Size
117m2
Local Government
Bundaberg Regional
Lot/Plan
6/SP283998

Last Listing description (November 2023)

Unit 5 and 6 are the two units at the rear of the Complex, units are mirror image and both offer 2 built-in bedrooms, 2 bathrooms, ceiling fans and air-conditioned living area. There is a single attached car garage and remote access with direct internal access. To the back of the unit off the living area is an outdoor entertainment area with 6 foot privacy fencing. The open-plan living and dining area with glass sliding door onto the outdoor area is designed to maximize space and natural light. The kitchen overlooks the dining and is equipped with electric cooking, dishwasher and ample storage. There is single gate access on both ends for direct side and back yard access. Both units have a 3KW solar system to keep electricity charges to a minimum.

Unit 5 features two spacious bedrooms, master with an ensuite. Currently tenanted at $340 per week with lease in place to the 08/11/2023.


Unit 6 features two spacious bedrooms, master with an ensuite. Currently tenanted at $340 per week with lease in place to the 12/01/2024.

Both Units Outgoings:
Rates are approx $1,630 per half year
Body Corporate is $857.50 per quarter

Located high and dry in Millbank, these properties enjoy close proximity to Sugarland Shopping Centre, schools, parks, and public transport options just minutes away, everything you need is within easy reach including a short drive to Bundaberg CBD.

* Please note these photos were taken prior to the current tenants occupancy

Contact Danielle Kemp on 0402 918 564 or danielle@thefourwalls.com.au to book your inspection today!

DISCLAIMER: The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters. We have used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained.

Property History for 6/31 Payne St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$335,000
18 Oct 2023
Listed for Rent
$300/w
25 Oct 2018
  • 18 Oct 2023
    Sold for $335,000
  • 07 Sep 2023
    Listed for Sale Offers Above $330,000 Per Unit
  • 03 Nov 2020
    Listed for Sale Reduced $249,000
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About Millbank 4670

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:

  • The median value for Houses in Millbank is $509,231 while the median value for Units is $368,389.
  • Houses have a median rent of $500 while Units have a median rent of $355.
There are currently 3 properties listed for sale, and no properties listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Millbank.

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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.