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Overview
Welcome to this expansive 10-acre parcel of prime commercial land located in Kensington, a vibrant and thriving suburb. Situated just minutes from the Bundaberg Ring Road, the site provides excellent connectivity and accessibility, making it a highly desirable location for businesses and developers seeking to establish or expand their operations.
This commercial land offers unparalleled access and visibility within close proximity to the Bundaberg CBD, approximately an 8.5-kilometer drive. Its strategic position allows investors to capitalize on nearby key amenities and infrastructure developments, enhancing the potential for growth and success in a dynamic business environment.
The property is perfectly positioned to benefit from the planned and existing major developments in the surrounding area. These include the new Bundaberg Hospital, the upcoming Bundaberg Airport Motel, the thriving Kensington Estate industrial precinct, and the renowned Bundaberg Brewed Drinks facility. These factors contribute to the location's appeal, providing excellent opportunities for commercial ventures.
This listing represents a rare opportunity for savvy investors and developers to secure a foothold in Kensington's growing commercial landscape. The site's size and location enable flexibility for various commercial uses, subject to local planning and development approvals. It is ideally suited for those looking to maximize the development and investment potential within a highly regarded and expanding region.
Please note the property is subject to an easement over the drain, which should be taken into consideration during planning and development processes. Prospective buyers are encouraged to conduct independent verification of all relevant information to ensure accuracy and suitability for their purposes.
Overall, this offering is a prime commercial opportunity that promises significant potential for excellent returns and strategic business positioning in Bundaberg's flourishing commercial sector.
Local Market Insights
In Wide Bay, Quiet Listings observed 18 new commercial properties entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $613,222. The property type mix of listed properties is predominantly Houses at 79%, followed by land (14%), and units (3%). Ray White was the most active agency monitored, representing 17.0% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kensington QLD 4670
Market Insights for Kensington QLD 4670
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
