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Back 1-4/72 Steuart Street
Off Market

1-4/72 Steuart Street

Bundaberg North QLD 4670

7
4
4
1012 m²
Block of units
Last sold for $1,100,000
William MizziWilliam Mizzi, last sold this property on 10 August 2025 after 18 days on market.

Overview

Fully Tenanted Investment Complex | Approx. 6.7%+ Gross Return

This is the kind of investment that doesn't come around often - strong returns, a central location, and quality tenants already in place. Positioned just minutes from Bundaberg's CBD and within easy walking distance to cafes, pubs, restaurants, and IGA, this well-kept unit complex ticks all the boxes. Built by renowned local builder Barry Hurst and fully renovated in 2014, the complex offers a solid low-maintenance option for your portfolio. Each unit is tenanted with long-term renters who treat the place like home. At a glance: Unit 1 - 106m² (Currently rented at $370/wk until 24/07/27) • 2 bedrooms with built-ins • Renovated bathroom with separate toilet • Spacious living, kitchen, and dining • Single garage with internal access • Covered patio area Unit 2 - 105m² (Currently rented at $370/wk until 06/11/25) • 2 bedrooms with built-ins • Renovated bathroom with separate toilet • Air conditioning • Single garage with internal access • Covered patio area Unit 3 - 106m² (Currently rented at $370/wk until 30/05/27) • 2 bedrooms with built-ins • Renovated bathroom with separate toilet • Spacious open plan design • Single garage with internal access • Covered patio area Unit 4 - 96m² (Currently rented at $320/wk 20/05/27) • 1 bedroom with built-in robe • Renovated bathroom • Open plan kitchen, dining, and living • Single garage • Covered patio area All units are fully security screened with high-quality Crimsafe screens and are individually water metered. The Numbers: • Total Rental Return: $1,430 per week / $74,360 per annum • Rates: Approx. $1,650 per unit, per half-year • Strata & building insurance (inc. flood cover): Approx. $7,500 per annum • Strata titled but no active body corporate Whether you're expanding your portfolio or looking for a rock-solid investment to start with, this property offers exceptional value and minimal upkeep. For more information or to arrange an inspection, contact exclusive agents William Mizzi on 0484 618 823 or Maddy Rampant on 0414 483 862.

Features

7 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
1012 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Bundaberg North over the last 12 months.

Property history for 1-4/72 Steuart Street

2025
Sold
$1,100,000
10 Aug 2025 by William Mizzi, of Ray White Bundaberg
2020
Sold
$510,000
23 Dec 2020 by William Mizzi, of Ray White Bundaberg

Happy sellers in Bundaberg North

94%
94% of sellers in Bundaberg North reported that their sale price either exceeded or met their price expectations.

Bundaberg North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Bundaberg North over the last 12 months.

Local market activity for 7 bedroom block of units in Bundaberg North

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bundaberg North

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Brent Illingworth

Sellers who recommend Brent Illingworth have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   5   (973 reviews)
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Adam Rayner

Sellers who recommend Adam Rayner have praised them for being clear communication, local expert, responsive, honest, reliable, friendly and well-prepared

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Rebecca Beer

Sellers who recommend Rebecca Beer have praised them for being clear communication, responsive, local expert, well-prepared, supportive, dedicated and friendly

  •   5   (139 reviews)
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Tim McCollum

Tim McCollum is a recommended agent for Bundaberg North.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (295 reviews)
  •  3 Reviews in Bundaberg North
  •  6 Sales in Bundaberg North
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