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Back 16 Lower McCormack Street
Off Market

16 Lower McCormack Street

Bundamba QLD 4304

5
5
5
Block of units
Last sold for $1,350,000
Stephen BrowneStephen Browne, last sold this property on 12 August 2025 after 77 days on market.

Overview

Fully Leased Turnkey Investment

Positioned in the high-demand growth corridor of Bundamba, this brand new built share house offers a rare and rewarding opportunity for savvy investors. Purpose-built to attract strong rental returns, the property features five self-contained units, each thoughtfully designed to maximise privacy, comfort, and tenant appeal. Each unit includes: - Private living space fully furnished with kitchenette - Well-appointed bedroom with built-in storage - Stylish ensuite bathroom - Personal balcony for added lifestyle value In addition to the individual living quarters, residents enjoy access to a central shared kitchen and dining area, common laundry with 2 washing machines and dryers promoting a balanced communal atmosphere—ideal for long-term occupancy and consistent tenancy. Why Investors Will Love It: - Brand-new build = depreciation benefits and low maintenance - 5 individually rentable rooms that are fully furnished - Attractive layout for professionals and students - Solar on the roof - Strong demand for quality share accommodation in the Ipswich region - Close to public transport, TAFE, and local amenities With Bundamba’s continued infrastructure growth and proximity to Ipswich and Brisbane, this is a fully optimised investment delivering both immediate income potential and long-term capital growth.

Features

5 bedrooms
5 bathrooms
5 carspaces
5 garage spaces
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Bundamba over the last 12 months.

Property history for 16 Lower McCormack Street

2025
Sold
$1,350,000
12 Aug 2025 by Stephen Browne, of Skyring Real Estate
2025
Rented
Undisclosed
Leased on 01 Jun 2025 by Skyring Real Estate
2024
Sold
Undisclosed
24 Apr 2024 by Simon Hornstra, of Link Properties

Happy sellers in Bundamba

96%
96% of sellers in Bundamba reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 43 reviews in Bundamba over the last 12 months.

Local market activity for 5 bedroom block of units in Bundamba

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