SOLD
Sold on 17 May 2024 for $20,000

37 Rehbein Avenue
Qunaba QLD 4670

Bedrooms: 6
Bathrooms: 3
Car spaces: 6
Land area: 836m2
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Sold By
Four Walls Realty Bargara
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Property Details for 37 Rehbein Ave, Qunaba

Building Type
Land
Land Size
836m2
Local Government
Bundaberg Regional
Lot/Plan
17/RP141037

Last Listing description (June 2024)

Here's that investment opportunity you've been waiting for. This iconic building is set high above the surrounding agricultural land with sweeping views to the coast from Burnett Heads in the north to beyond Elliott Heads in the south. The thriving seaside township of Bargara with it's many services is just a few minutes drive to the east, with Innes Park and Coral Cove not far to the south and the main centre of Bundaberg within a few minutes drive to the west.

Presently there are 3 units in the complex with reliable tenants for many years. Each unit consists of 2 bedrooms, 1 bathroom and 2 car garages set on a 1,911m2 block with 2 street frontage, with potential to add further units subject to seeking council approvals. As a bonus, there is an extra 836m2 block of land across the road at number 37 included in the sale.

FEATURES:

- The whole complex has been re-roofed and the exterior also has been painted in recent years
- Possibly add more units to the site - subject to Council Approvals
- Awesome wide sweeping views to the coast
- Great return on investment
- Long term tenants in place
- 2 off street secure car parks per unit
- Very well maintained complex
- Combined rental income - $1,080 per week
- Photos taken prior to tenancy Unit 1

This type of property doesn't come along very often, so don't delay with your enquiry.

For further information or to arrange an inspection of this unique property, call or email the listing agent Danielle Kemp 0402 918 564 danielle@thefourwalls.com.au 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.

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Property History for 37 Rehbein Ave, Qunaba, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$20,000
17 May 2024
  • 21 May 2024
    Listed for Sale Offers Above $990,000
  • 17 May 2024
    Sold for $20,000
  • 28 Jun 2023
    Listed for Sale Offers Above $990,000
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About Qunaba 4670

The size of Qunaba is approximately 17.4 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Qunaba in 2011 was 821 people. By 2016 the population was 798 showing a population decline of 2.8% in the area during that time. The predominant age group in Qunaba is 60-69 years. Households in Qunaba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Qunaba work in a professional occupation. In 2011, 79.8% of the homes in Qunaba were owner-occupied compared with 77.7% in 2016.

Qunaba has 453 properties. Over the last 5 years, Houses in Qunaba have seen a 108.95% increase in median value. As at 31 August 2024:

  • The median value for Houses in Qunaba is $721,512 while the median value for Units is $399,630.
  • Houses have a median rent of $575.
There are currently 6 properties listed for sale, and 1 property listed for rent in Qunaba on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Qunaba.

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