Set on a fully fenced 1,012m² block in North Bundaberg, 5 Rae Street is a genuine opportunity for the buyer ready to do the work - a Queenslander cottage that needs a renovation to bring it back to comfort, carrying real character beneath the work it needs. The block is the real prize: 20m wide and 50m deep with plenty of side access, there's scope to renovate and add value now, then capitalise on the land down the track with room to add a second dwelling (STCA).
It's a practical, well-connected spot. The home sits flood-free - untouched in the 2013 floods - with Mount Perry Road at hand, taking you directly into the Bundaberg CBD in around 5 minutes across the river, or north towards Moore Park Beach. North Bundaberg State School and the high school are within walking distance, the Northside IGA complex - with doctors, a vet and everyday shopping - is only a few minutes away, and the long, established yard gives you room to work with from day one.
Step inside and discover:
- A renovation project with genuine equity to be made - a character cottage priced to reflect the work ahead
- VJ walls through the main living area, carrying genuine period character
- A small sunroom at the front door leading into the main living area, with a flexible adjoining space that suits a home office or second lounge
- Dining room directly off the kitchen, and a good-sized bedroom off the kitchen with 3 windows drawing in plenty of natural light
- A second living area downstairs connecting to the bathroom and laundry, with the laundry opening to a separate toilet and out to the yard
Step outside to the block:
- A fully fenced 1,012m² allotment - 20m wide and 50m deep - the true standout, with plenty of side access and room to add a second dwelling (STCA)
- A long, deep yard with established gardens, plus an old shed and rotunda to the rear
- Flood-free position, untouched in the 2013 floods
- Direct access onto Mount Perry Road - around 5 minutes into the CBD, or north toward Moore Park Beach
- Walking distance to North Bundaberg State School and high school, with Northside IGA, doctors, vet and shopping only minutes away
- Vacant and ready for the new owner to start work
A character cottage ready to transform on a flexible block with genuine long-term upside, 5 Rae Street is an honest entry point for the builder, renovator or investor - or the buyer looking to break into the market at a sharp price and build equity through the work. Arrange your inspection today and see the potential for yourself.
Drop by the next open home or contact us to arrange a private inspection, or to request the full Information Memorandum
