12 immaculately presented two three bedroom residences on one title. Fully occupied residential complex with strong occupancy history. Desirable complex, highlighted by 6 early lease extensions all with rental increases. Potential for future subdivision and on-sale (STCA). Significant 2,024sqm residential zoned landholding with important 40 metre frontage to Goodwin Street. Bundaberg is one of QLD's tightest rental markets with a 0.4% residential vacancy rate. Situated in an established residential area only 1km from the Bundaberg CBD. Bundaberg: coastal city at south of Great Barrier Reef with 100,000+ trade catchment. Estimated Net Income: $117,828 pa (as at July 2021).
