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Back 7 Coal St
Off Market

7 Coal St

Bundamba QLD 4304

3
1
0 m²
759 m²
House
Last sold for $295,000
Steve AthanatesSteve Athanates, last sold this property on 22 February 2022 after 187 days on market.

Overview

ANOTHER ONE SOLD BY STEVE ATHANATES & GREG RAMSAY - RESULTS SPEAK LOUDER THAN WORDS

This feature packed highest three bedroom family home is currently rented until 21 March 2022 for $305 per week by residential tenants. At the expiry of the lease you can either extend the current tenants, give appropriate notice and move in yourself and run either yours or someone else's business from this address as it has 'Local Business & Industry' zoning under the current Town Plan. That's right – this home can either be used as a residential home or a business location where you can legally operate a business from this site just like many of the current neighbouring properties. There is even an opportunity to possible accumulate other properties in order to increase your land holdings and thereby increase the size of the business that can legally operate from this location! The home is located on an elevated 759m2 block that could offer additional customer parking – subject to Ipswich City Council approval. Bundamba itself is one of the most highly searched suburbs in Ipswich. This is due to its extensive residential and business zonings, its general proximity to all services including electric Train to Ipswich and Brisbane. Ipswich Council Rates: $475 per quarter (subject to change) Water Charges: $232 per quarter plus consumption (subject to change) The Bundamba State Secondary College is just up the road and it is walking distance to the Bundamba Train Station. It is only a short drive to Booval Fair Shopping Centre with its own Woolworths Supermarket and a host of specialty stores. There are loads of medical, dental schooling, child care, sporting and entertainment venues at your fingertips and it is well positioned for Brisbane commuters travelling on Ipswich Road. The home's position is so convenient that it is within walking distance of almost everything and there is public transport to everything else – this could be the perfect position for your business! In its current configuration the home offers three bedrooms (offices) all with fans and security screens, a modern bathroom and kitchen as well as a fully air conditioned lounge (conference room) and dining room. This home would require minimal renovation to be used a business premises and you can continue to rent it out and make money whilst you make the plans for the necessary renovations or improvements to the home. This feature packed family home has so many options available due to its totally unique zoning. You can buy it today and not miss a single days rent or pay a rental let fee. Miss this one and you will kick yourself! Most importantly, this is a home that you can live in yourself, rent out or run a business from and it has been priced to sell quickly at offers over $315,000. You won't find a better opportunity or better value for money – so you will need to be quick or it will be gone! Listing Agent: Steve Athanates Don't be disappointed, call me now - I'm waiting for your call. NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – Our Five (5) Great Locations Means We've got Ipswich and its Surrounds Covered! Results Speak Louder Than Words Disclaimer: NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

3 bedrooms
1 bathroom
0 m² floor area
759 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bundamba over the last 12 months, the estimated median property value of 7 Coal St is $790k.

Median value
$790k
Estimated value range
$495k - $965k
Median days on market
18
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bundamba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7 Coal St

2023
Rented
Undisclosed
Leased on 09 May 2023 by Joy Realty
2022
Rented
Undisclosed
Leased on 31 Mar 2022 by Harcourts Living
2022
Sold
$295,000
Private Sale/Treaty on 22 Feb 2022 by Steve Athanates, of NGU Real Estate - Ipswich

Happy sellers in Bundamba

92%
92% 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 46 reviews in Bundamba over the last 12 months.

Local market activity for 3 bedroom houses in Bundamba

In the last 12 months, 55 three-bedroom houses similar to 7 Coal St, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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Richard Bird

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