For the investor who looks beyond the property and sees the potential, this one deserves attention.
Positioned within Bundaberg's highly sought-after hospital precinct, this freshly updated three-bedroom home is currently tenanted at $680 per week, delivering immediate income from day one, but it's the generous 1,012m² block and future potential that make this opportunity particularly exciting.
With the existing home positioned to allow substantial space at the rear of the property, the site may lend itself to a dual-income strategy through the addition of a second dwelling, subject to all relevant council, planning and building approvals.
Previous plans for an additional dwelling are also available to interested purchasers for information purposes only, providing inspiration for what may be possible on the site.
For the strategic investor, the opportunity is simple: secure an already income-producing asset today, while exploring the potential to create an additional income stream into the future.
The Investment Snapshot
* Currently tenanted at $680 per week
* Approx. $35,360 gross rental income per annum
* Generous 1,012m² allotment
* Potential to explore a second dwelling at the rear
* Previous second-dwelling plans available for information purposes only
* Positioned within the highly desirable hospital precinct
* Strong appeal to medical professionals and centrally based tenants
* Freshly updated and beautifully presented existing residence
* Brand-new kitchen
* Three spacious bedrooms
* Air-conditioned living area
* Polished timber flooring
* Freshly painted interiors
* Main bathroom plus additional toilet in the laundry
* Security screens throughout
* Double lock-up garage
* Rainwater tank
* Excellent space for vehicles, trailers and tradies' equipment
* One Property. Two Potential Income Streams.
The existing residence provides an attractive foundation for an investment portfolio, with a quality tenancy already in place and the hard work of updating the home complete.
The larger story, however, is what this substantial parcel of land could potentially offer.
For buyers focused on yield, portfolio growth and making their land work harder, the opportunity to investigate a second dwelling creates an entirely different investment proposition particularly in a central location where convenience and proximity to major employment hubs remain key drivers for tenants.
Located just a short stroll from The Friendlies Society Private Hospital and within easy reach of Bundaberg's CBD, schools, shopping and essential services, this is an investment positioned around both income and opportunity.
To request further information, including tenancy details and the previous second-dwelling plans, connect with Regional Property Co.
Kirralea Whittle
0400 500 772
kirralea@regionalproperty.co
Disclaimer: Regional Property Co. has used its best endeavours to ensure the information provided is true and accurate but accepts no responsibility for errors, omissions, inaccuracies or misstatements. Rental income figures are based on the current tenancy and are not a guarantee of future returns. Any reference to a second dwelling, dual-income use, development potential or previous plans is provided for general information purposes only and does not constitute confirmation of current or future development approval. Previous plans may not reflect current planning, building or statutory requirements. Prospective purchasers must undertake their own enquiries with Bundaberg Regional Council and appropriately qualified consultants regarding development potential, approvals, costs and suitability prior to purchase.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
