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George Street, Bundaberg Central, QLD 4670
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2. Property Highlights

DA Approved Rooming Accommodation

• Land Area: 1,538m²*

• Approved for Rooming Accommodation with 33 units over 2 levels including manager's studio

• Opportunity to capitalise on significant undersupply of rental accommodation in the Bundaberg region

• New Bundaberg hospital due for commencement in 2024

• Estimated potential gross annual rent with 100% occupancy, once constructed is $623,220* per annum providing potential gross annual return of 11%

• Designated Medium Density Residential Zone allowing a range of potential other options

• Several communal areas, both indoor and outdoor, including shared laundry, communal kitchen, dining, office areas and rooftop terrace

• Single, double and accessible studios

• Ground level undercover parking for 29 cars, 8 motorcycles and ample bicycle/scooter spaces

• Positioned in close proximity to the CBD, Hinkler Shopping Centre, Hospitals, TAFE and local schools

For further information, please contact the Ray White Special Projects Qld Marketing Agents.

*approximately

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Christopher Czernik-Wojcicki
Christopher Czernik-Wojcicki
+61 *** *** *** show +61 413 481 971
+61 413 481 971 chris.cw@raywhite.com Message
James Hanley
James Hanley
+61 *** *** *** show +61 408 999 755
+61 408 999 755 james.hanley@raywhite.com Message
Mark Creevey
Mark Creevey
+61 *** *** *** show +61 408 992 222
+61 408 992 222 mark.creevey@raywhite.com Message

3. Property Location

George Street, Bundaberg Central, QLD 4670

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4. Due Diligence

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George Street, Bundaberg Central, QLD 4670 Bundaberg Central
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RW Special Projects - QLD
RW Special Projects - QLD
Level 26, 111 Eagle Street, Brisbane City, Qld 4000
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Christopher Czernik-Wojcicki
Christopher Czernik-Wojcicki
+61 *** *** *** show +61 413 481 971
James Hanley
James Hanley
+61 *** *** *** show +61 408 999 755
Mark Creevey
Mark Creevey
+61 *** *** *** show +61 408 992 222
Enquire