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7 Campbell Street
Bundaberg East QLD 4670
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Sold on 23 May 2023

7 Campbell Street Bundaberg East QLD 4670

  • Factory, Warehouse & Industrial
  • 150 m²
  • Sold, $238,000

Entry Level - Residential with Business/Industrial Hidden Potential

    It's proven time & time again by historical Real Estate Markets that buying at the bottom of the market, places you in the best position for capital gain and better returns on investment and at a lower level of risk. Experts also recommend that buyers (Investors & Owner Occupiers) should always aim to buy a property that has "Value-Added" potential and to have increased confidence in buying a property that is "Positively Geared" (income pays for all costs)....... This property Ticks those boxes.

    CONSIDER THESE DETAILS & OPTIONS
    - Residential Dwelling - 4 Bedroom Home on Concrete Stumps & iron Roof.
    - Separate Lounge, Kitchen with adjoining dining.
    - Kitchen - Stainless Steel bench/sink, Cupboards up & down.
    - Bathroom - Separate Bath & Shower.
    - 6" Pine floorboards would polish nicely. T & G Walls. 12" Ceilings.
    - Fully Fenced 837m2 - Zoned "Industrial"
    - Attached Single Carport plus Large 4 car Carport to rear.
    - Periodic Lease paying $320 p.w. ($16,640p.a.)
    - Income pays Full Loan, Council Rates, Insurance (Current policy $2,244)
    - This leaves you with no "Out of Pocket" expenses, other than maintenance.
    - Industrial Zoning allows you to develop now for your business or investment as evidenced in the immediate area.... or simply retain as Residential owner occupy or Investment.
    - Availability of Industrial Zoned land is at an all-time low
    - Located in the growth corridor between city and coast. Evidenced by significant investment by KFC, Hungry Jacks, Dominoes, Bundaberg Brewed Drinks PLUS Red Rooster & Shopping centre (Currently under construction).
    - Consider the upward pressure on values, these investments will have on this property.
    - Consider the free exposure they bring, if you were to establish a business on this site.
    - Consider escaping the Rental Market and paying off your own home instead of your landlords.
    - Walk to Shops, Doctor, Pharmacy, Take-A-Way, Daycare, Bus etc

    This versatile property provides you with further confidence, knowing that if you ever had to, or wanted to sell, you would be attracting a broader group of buyers, other than if you were selling a one-dimensional residential Property.
    Please don't delay your enquiry as this is the only one, I've seen on the market For Sale anywhere near this price.

    Direct all enquiries to the Exclusive Marketing Agent Gary Martin on Mobile 0417 635390 or gary@realwaybundaberg.com.au

    ***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***

    Property Highlights

    Date Sold23 May 2023
    Sold Price$238,000
    Floor Area150 m²
    Land Area837 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2018389635
    Category
    Last updated  23 May 2023
    Map for 7 Campbell Street Bundaberg East QLD 4670

    Property Highlights

    Date Sold23 May 2023
    Sold Price$238,000
    Floor Area150 m²
    Land Area837 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2018389635
    Category
    Last updated  23 May 2023
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