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20 Penny Street, Millbank QLD 4670

$549,000

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$549k - $576k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 1012 m²

Listed: yesterday

Updated: 5 hours ago

Overview

Set on an expansive 1,012 square metre fenced block in the quiet suburb of Millbank, this 1950s weatherboard home offers a blend of original character and liveable comfort with strong potential for future enhancements.

The property's generous land size and side access on both flanks stand out as prime assets, providing ample space for a large shed or the possibility of a second dwelling, subject to council approval. This flexibility will appeal to families seeking room to expand, renovators eager to personalise their home, or investors considering development opportunities.

Inside, the air-conditioned living area benefits from abundant natural light and ceiling fans, creating a bright and comfortable environment. A separate dining area features decorative cornices and ceiling details, adding charm and a sense of character, while large format tiles lend a practical and stylish finish.

The u-shaped kitchen is functional, with a double sink, freestanding oven, tiled splashback, and overhead shelving, opening out onto a paved rear patio that invites outdoor living and entertaining.
The main bedroom enjoys air conditioning and a ceiling fan, with two further bedrooms also equipped with ceiling fans; one includes a built-in robe and air conditioning, while the third could alternatively serve as a home office.
The home features a main bathroom with a bathtub, vanity, and toilet, alongside a separate second bathroom equipped with a shower and toilet, conveniently located next to a generous laundry area.

Additional comforts include grey timber-look vinyl flooring throughout the main areas, security screens throughout the home, and covered outdoor spaces including a front patio and rear patio, enhancing lifestyle versatility. Car accommodation comprises a detached double carport and an original timber double bay carport, the latter ready for replacement or upgrade.

With local schools and the Bundaberg CBD within easy reach, this property suits first home buyers, families desiring spacious grounds, and investors alike. The balance of original charm and readiness to live in immediately, combined with scope to add significant value, makes this an appealing offering in the Millbank market.

Local Market Insights

In Millbank, Quiet Listings observed 120 new houses entering the market over the last 30 days, up from 107 during the previous 30-day period, with an average advertised asking price of $897,908. The property type mix of listed properties is predominantly Houses at 76%, followed by land (13%), and units (7%). The most active agency for houses in the Millbank area is currently Ray White, representing 14% of new listings. 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.