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Back 14 Water Street
Off Market

14 Water Street

Bundaberg South QLD 4670

8
4
4
911 m²
Block of units
Last sold for $1,520,000
Mark GelsominoMark Gelsomino, last sold this property on 29 April 2026 after 8 days on market.

Overview

Incredible Investment Opportunity

Built to stand the test of time this block of brick units creates a unit opportunity being bought to market for the first time since being built. With a durable design, central location and minimal maintenance these units present a true set and forget money maker. All units include: - Integrated living and dining area with fans, some units with air-conditioning. - Private front courtyard for alfresco dining. - Generous kitchen with natural light, storage and upright electric stove. - Spacious main bedroom with built in robe and fan. - Second bedroom with built in robe and fan. - Bathroom has corner shower, toilet and vanity. - Separate laundry with sink, storage and rear access to clothes line. - Shared drive way with a carport for each unit. - Internal brick for maximum durability and low maintenance. The numbers: All units currently tenanted with long term tenants who look after the units perfectly. Current gross annual return approx $66,300. Rental appraisal - $480-$520/week - would take this to excess of $100,000 annually. With local vacancy rates remaining very low and property prices continuing to grow this is idyllic timing to ensure your future and lifestyle with this important investment. For more detailed information please contact Mark and Kynan today.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
911 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Bundaberg South over the last 12 months.

Property history for 14 Water Street

2026
Sold
$1,520,000
29 Apr 2026 by Mark Gelsomino, of McGrath Estate Agents Bundaberg

Happy sellers in Bundaberg South

95%
95% of sellers in Bundaberg South reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Bundaberg South over the last 12 months.

Local market activity for 8 bedroom block of units in Bundaberg South

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