Positioned in one of Bundaberg's most sought-after residential locations, this well-maintained triplex presents an outstanding opportunity for investors seeking immediate income, strong future upside and secure cash flow.
Ideally located between the Bundaberg CBD and Sugarland Shopping Centre, the property enjoys excellent access to schools, medical facilities, shopping and public transport.
Currently leased under a Corporate Head Lease to an established NDIS provider until 31 October 2026, the property provides reliable rental income with the potential for increased returns at the next lease review or a return to the open rental market.
Each of the three units offers:
• 2 Bedrooms
• 1 Bathroom
• Lock-up Garage UMR
• Open living design
• Well-maintained interiors
One unit has been modified by the current tenant, with the garage temporarily converted into an additional living/media room featuring epoxy flooring and double glass sliding doors. The epoxy floor will remain, with the roller door expected to be reinstated at the completion of the current lease unless the purchaser wishes to retain the existing configuration.
Freshly painted and well presented throughout, this is a low-maintenance investment offering both immediate income and future flexibility.
Investment Highlights
• Triplex comprising three 2-bedroom units
• Land size: 840m²
• Built: 1974
• Corporate Head Lease to NDIS Provider
• Current rental income: $62,400 per annum
• Approximate gross yield: 5.2%
• Lease expires 31 October 2026
• Rental review due 1st November 2026
• Potential for increased rental return at lease renewal
• Located between Bundaberg CBD and Sugarland Shopping Centre
• Well maintained with recent internal painting
• Strong long-term investment in a high-demand location
Why You'll Love It
Whether you're looking to expand your investment portfolio, purchase within your SMSF, or secure a quality multi-income property with future upside, this triplex offers an excellent combination of reliable income, location and flexibility.
Opportunities like this rarely become available.
Contact Cheryle Rayson for further information.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
