For Sale
$ 360,000

4 FLATS RETURNING $660.00 P/W WITH FANTASTIC EXPOSURE IN GROWTH CORRIDOR

Here is an excellent opportunity to purchase this great property comprising of 4 flats all occupied and returning $660.00 per week combined in Bundaberg's rapid developing growth corridor providing the potential to do business and redevelop if exposure to large numbers of passing traffic and exposure is required. This property is on an 809m2 easement free Residential B allotment only one block back from Walker Street and South Side Shopping precinct, approx. 1.4km to Bundaberg CBD / Post Office and with good exposure this property offers the potential and solution for why many businesses wish to develop and relocate to this position. Major road upgrades have just been completed along Barolin Street between Walker Street and Hinkler Shopping Centre and this strip is now the home to many new commercial tenancies including Medical Centres, Engineering and Surveying Offices, Town Planners, Dental Clinics, Financial Advisors, Valuers, Solicitor Offices and many more. If redeveloping is not you plan, just sit back leave the property as it is and reap its current returns.For any additional information call or email marketing agents Aaron Thompson & Scott Mackey before it is too late.At a Glance:Unit 1 Lease Expiry - 01/12/2020Rent - $170 per weekUnit 2 Lease Expiry - 11/01/2021Rent - $170 per weekUnit 3 Lease Expiry - 07/01/2021Rent - $160 per week Unit 4 Lease Expiry - 01/12/2020Rent - $160 per week Land Size: 809m2 Zoning: Residential BPrimary Land Use: Multi unit Dwelling (Flats)RPD: L22 RP 13457: PAR BUNDABERGFrontage: 20.1mDepth: 40.3m NBN availableThe information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.

STREAMS

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Inspections

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Property Agents

  • Aaron Thompson RE/MAX Precision, Bundaberg

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