OFF MARKET

2/160 Targo Street
Walkervale QLD 4670

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 442m2
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Property Details for 2/160 Targo St, Walkervale

2/160 Targo St, Walkervale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 442m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
2021
Floor Size
108m2
Land Size
442m2
Local Government
Bundaberg Regional
Lot/Plan
2/SP274144

Last Listing description (April 2023)

160 Targo Street is an exciting investment opportunity for someone looking to take advantage of our strong rental market here in the Bundaberg region. Perched on a 1,012 sqm block these units are equally split with private 6ft fencing surrounds, the duplex was built in 2014 and presents like new with next to no maintenance, you'll be well ahead in this region with our vacancy rates still well and truly below 1 percent continuing to enforce the strength of our property market. Both sides of this property are currently tenanted on fixed term leases, 160A paying $358 per week under a Qld Government Headlease - continuation options available and 160B paying $360.00 per week until June 2023.

Just a mirror image of one another these units are nothing short of space and features including open plan kitchen and dining area including lounge room, three bedrooms, two bathrooms, single lock-up garage, and a fully fenced backyard. The open plan air-conditioned living area positioned at the central of the home is certainly a generously sized space and opens out to the rear patio, the kitchen features under bench oven, ceramic cook top, dishwasher and plenty of storage & bench space.

All three bedrooms in each unit with built-in-robes, ceiling fans the masters with an ensuite & walk in robe plus direct access to outdoor live space. The main bathrooms with bathtub and shower, separate toilet and great sized laundries with large linen cupboard.

Relax below the covered entertaining space leading off the main living areas which all overlook the backyard. There is plenty of lawn for pets to enjoy and the best part of this property is its very low maintenance leaving anyone little to do but keep the lawns mowed.

Investing in a property such as 160 Targo Street, Walkervale is an exciting opportunity for someone looking to get into the Bundaberg property market. With long term established tenants this modern low maintenance property is sure to be hot among the investor, call Exclusive listing Agent Rob Prendergast and arrange your inspection.

At a Glance -

Modern duplex, built in 2014 and located within easy walking distance multiple amenities.
Each unit has 3 built-in bedrooms and 2 bathrooms & tiled.
Master bedrooms complete with ensuites and walk in robe, access to outdoor area.
Kitchens have dishwashers, Stainless steel appliances and abundance of bench /storage space.
Air Conditioner to main living space, tile flooring.
Covered outdoor entertaining areas and fully fenced back yards.
Current rent appraisal is $450.00 to $460.00 per week per unit.
Each unit has single security parking garage for your car with remote access.
Security screens on windows and doors throughout.
No strata title fees or Body Corporates to deal with however, each unit has its own individual water meter and could be strata titled for minimum cost and effort.
Live in one of the units and rent out the other or rent them all out, the choice is yours.
Bundaberg Regional Council Rates per half year - Approximately $1,600 per unit.

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property History for 2/160 Targo St, Walkervale, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$720,000
01 Mar 2023
  • 01 Mar 2023
    Sold for $720,000
  • 11 Jan 2023
    Listed for Sale Under Contract
  • 21 Sep 2021
    Sold for $655,000
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About Walkervale 4670

The size of Walkervale is approximately 1.7 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of Walkervale in 2011 was 3,002 people. By 2016 the population was 2,982 showing a population decline of 0.7% in the area during that time. The predominant age group in Walkervale is 10-19 years. Households in Walkervale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walkervale work in a labourer occupation. In 2011, 67.6% of the homes in Walkervale were owner-occupied compared with 62.2% in 2016.

Walkervale has 1,388 properties. Over the last 5 years, Houses in Walkervale have seen a 130.79% increase in median value, while Units have seen a 68.17% increase. As at 31 January 2025:

  • The median value for Houses in Walkervale is $475,976 while the median value for Units is $394,424.
  • Houses have a median rent of $510 while Units have a median rent of $238.
There are currently 8 properties listed for sale, and 1 property listed for rent in Walkervale on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Walkervale.

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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.