292 Goodwood Road
Thabeban, QLD 4670

Set on a substantial 1,657 square meter allotment in the convenient suburb of Thabeban, this property at 292 Goodwood Road offers an exceptional opportunity for investors, developers, or buyers seeking genuine future potential. The property provides strong holding income, generous space, and exciting scope to add value, making it a versatile investment.

The existing weatherboard home features a practical and comfortable layout with three well-sized bedrooms and one bathroom. The functional galley-style kitchen includes ample cabinetry and bench space, while natural light fills the home, creating a warm and welcoming atmosphere ideal for everyday living.

Separate from the main residence is a teenagers' retreat that requires renovation, presenting an exciting opportunity to enhance the property and maximize future rental returns. This space could be transformed into additional accommodation, a hobby area, or a private retreat, offering undeniable potential.

The expansive block offers endless versatility with ample room for further improvements, vehicle accommodation, or future development potential, subject to council approval. The property benefits from three carport spaces and a high-exposure main road position, making it ideal for buyers seeking convenience and long-term upside.

Whether your goal is to land bank, renovate, invest, or explore redevelopment opportunities, this property offers flexibility, income, and potential in one appealing package.

At a glance:

• Three bedrooms
• One bathroom
• Separate teenagers' retreat
• Three carport spaces
• Block size of 1,657 square meters
• Future development potential (subject to council approval)

Rates: Approximately $2,000 per half year including water.

Occupancy: Currently tenanted at $580 per week until February 2027.

Rental appraisal: $600 to $620 per week for the main house; $700 to $750 per week including the teenagers' retreat upon renovation.

Key features include:

• Expansive 1,657 square meter block with future potential
• Strong investment holding income
• Separate teenagers' retreat with renovation upside
• Functional galley kitchen with ample storage
• Three carport accommodation
• High-exposure location close to amenities
• Excellent opportunity to add value
• Ideal for investors, renovators, or developers
• Scope for future redevelopment subject to council approval

Approximate distances to facilities:

• Bundaberg CBD: 6.5 kilometers
• Stockland Bundaberg Shopping Centre: 4.5 kilometers
• Bundaberg Base Hospital: 7.5 kilometers
• Thabeban State School: 2.5 kilometers
• Bundaberg Airport: 5.0 kilometers
• Hinkler Central Shopping Centre: 6.0 kilometers
• Bargara Beach: 18.0 kilometers

This property offers a unique combination of space, income, and potential, making it a compelling choice for first home buyers, investors, and large families. The versatility of the large block and the separate retreat provide numerous possibilities for customization and future growth. The property's location on a main road ensures excellent exposure and convenience, while the current tenancy provides immediate income. Prospective buyers are encouraged to inspect the property to fully appreciate its value and potential.