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Overview
This solid brick unit nestled in the established area of Bundaberg North offers a low-maintenance lifestyle ideal for investors seeking a reliable set-and-forget property or buyers desiring a manageable home near natural and community amenities. The property's enduring solid brick construction ensures durability and a sense of permanence, while the flood-free location, which has historically shown no flooding, enhances peace of mind.
The unit comprises two comfortable bedrooms alongside a single bathroom, complemented by a spacious lounge area that benefits from air-conditioning, promoting year-round comfort. The functional kitchen is equipped with electric cooking and an oven, suited for everyday meal preparation. Separate facilities for the toilet and laundry boost convenience and privacy.
Externally, a fully fenced large yard recently updated offers security and space for outdoor activities, while the secure carport accommodates one vehicle, a notable advantage in residential convenience. Broadband availability further supports modern connectivity needs.
From an investment perspective, the property is currently tenanted at $470 per week until August 2027, with rental appraisals suggesting potential increases up to $520–$550 per week. The absence of body corporate fees represents a cost saving unique to this small two-unit complex, where owners share only building insurance estimated at approximately $1,738 annually. Local council rates stand at roughly $1,956 per six months.
Location highlights include immediate proximity to the expansive Bundaberg Botanic Gardens which features a lake, play areas, and picnic facilities, making it appealing for nature lovers and families alike. Educational institutions such as Bundaberg North State School and State High, and Hope Adventist School are nearby, supporting families with school-aged children. Shoppers benefit from the Parkway Shopping Plaza, which offers an IGA supermarket and postal services, in addition to various local shops on Queen and Perry Streets. Outdoor enthusiasts have the Burnett River parklands with BBQ facilities and boat ramps, and the Bundaberg Golf Course conveniently close.
Public transport accessibility is provided via two bus routes servicing the CBD and the neighboring Moore Park Beach, enhancing connectivity for commuting needs. Inspections are by private appointment due to the current tenancy, ensuring privacy for tenants and prospective buyers alike.
Local Market Insights
In Bundaberg North, Quiet Listings observed 8 new units entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $562,875. The property type mix of listed properties is predominantly Houses at 79%, followed by land (12%), and units (6%). The most active agency for units in the Bundaberg North area is currently Ray White, representing 25% of new listings, followed by The Agency with 25%. 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
Market Insights for Bundaberg North QLD 4670
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