Here is your opportunity to benefit from the 2013 flood event with buying this fully renovated home for a bargain in comparison to a comparable home that did not flood earlier this year. The block was high and dry in the Dec 2010 flood however it did fall victim to the biggest flood in recorded history for Bundaberg in the 2013 flood event. The home was insured and the wall sheeting was removed and replaced. The kitchen and bathrooms were also replaced with new, the floors were polished and the home was repainted as required, even the HWS was replaced with a large new one. The end result is a beautifully renovated home. While the insurance company at the time were fantastic and renovated the home the premium did increase. So the owner rang CommInsure and took out a brand new policy since this years flood for just $1,196.72/year which includes flood cover providing the new owner peace of mind. If history does ever repeat it-self to the same extent the home is covered for flood and the premium is not expensive. The home offers 3 bedrooms and 2 large living areas plus a new outdoor entertaining area. The rumpus room is huge featuring a built in bar and skylights. The out door entertaining area is also huge and insulated costing the owner over $30,000 last year to install. The home has a full termite barrier and a large garden/storage shed. At each end of the home you have a carport with one being a high clearance carport. For the investor the home has been rented and appraised at $300/week providing great returns. For the owner occupier the home will be vacant, renovated and ready. While the Bundaberg housing market is powering ahead, the homes that had water in them earlier this year are offering outstanding value for money and are being snapped up as a result. This one has had the money spent and hard work done, be quick to secure your 2013 bargain.
At a Glance:
House - Fully renovated
Bedrooms: 3
Bathrooms: 1
Lounge room: 1
Rumpus room: 1 (huge)
Undercover outdoor areas: 1 (huge and insulated)
Carports: 2 (one is high clearance)
Garden/storage shed: 1 (approx 5m x 3.5m)
Land Size: 622 m² (approx)
Safety switch: Yes
Smoke Alarms: Yes
Comprehensive insurance with flood cover: Yes, CommInsure, $1,196.72/year (New policy taken since 2013 flood with CommInsure).
Rental Appraisal: $300/wk
Rates: TBA
The information provided is for use as an estimate only and potential purchasers should make their own enquiries to satisfy themselves of any matters.
