37 Bourbong Street, Bundaberg Central, QLD 4670 sold on 05 September 2025 | OnTheHouse
SOLD
Sold on 05 Sep 2025 for $1,700,000

37 Bourbong Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 37 Bourbong St, Bundaberg Central

Building Type
Commercial
Local Government
Bundaberg Regional
Lot/Plan
1/RP277

Last Listing description (September 2025)

Fully Tenanted Investment Opportunity in Bundaberg CBD - 7% Yield

Located in the heart of Bundaberg Central with high visibility. This could be your next business location or investment opportunity. Move in, or take part of the space and rent the rest, or rent it all.
Tenancy One: The Hub Christian Bookstore
- Floor area 206m2

- Open plan show room
- 2 Offices
- Toilet (disabled)
- Kitchenette
- 2 Sets of Doors
- Fully air conditioned
- Internal access to tenancy 3 upstairs
- Tenancy currently on a month to month basis
- Massive window frontage
- Rent $43,400PA + GST + Outgoings
- Lease currently on a month to month basis

Tenancy Two: Ray White Real Estate
- Floor area 245m2
- 7 Offices
- Large meeting/board room
- Fully air conditioned
- 2 toilets (1 disabled)
- Kitchenette
- Large, open walk in reception area
- Computer/Comms room
- Has been renovated
- New Lease - 3x3year
- Rent $45,720 PA + GST + Outgoings

Tenancy Three: Currently vacant
- Floor area 200m2
- 6 Offices
- Kitchenette
- Benches and cupboards
- 4 Offices have air conditioning
- Unisex toilet with basin
- Internal access from tenancy 1 and separate entrance from Tantitha Street
- Rent $30,000 PA + GST + Outgoings
- New Lease 3 x 3 years

Works Undertaken:
- All asbestos removed
- New roof on single level side (above Tenancy 2)
- New roof on awning and repairs made to timbers where necessary to support awning
- Upstairs awning around Tenancy 3 replaced
- Gable end in Tenancy 3 replaced
- All electrical replaced and re-wired, including lights, emergency lighting, outside lighting etc
- Sub Boards put into each tenancy
- Electrical Meters installed into Tenancies 2 & 3
- Air conditioning installed as follows:
- Tenancy 1: 3 x cassettes; 1 x split
- Tenancy 2: 2 x ducted; 1 x cassette
- Tenancy 3: 4 x cassettes (2 rooms have not been done)
- Ceiling grid and tile installed into every tenancy
- Walkway above ceiling grid/tile installed in Tenancy 2 for ceiling access
- New toilets / vanities / PC items in all bathrooms
- Complete internal paint
- External paint and repairs done on all external walls, EXCEPT the very top parapet level above Tenancy 3
- New entry doors installed to Tenancy 2
- Safety glass windows replaced where necessary in Tenancy 1 and Tenancy 2
- Complete fit out of office space to Tenancy 2
- New kitchens installed into Tenancy 1 and Tenancy 2
- Fire rated floor coverings (carpet tiles / vinyl planks) to all floors in all Tenancies
- Cove vinyl fitted to bathrooms and Kitchens
- Plumbing etc redone as necessary and certified
- Meets electrical and fire safety standards and has been regularly inspected and passed as required
- All work completed under Certifier conditions and approvals issued

Work yet to be undertaken / issues:
- External Painting of upstairs above Tenancy 3
- Leak in Tenancy 2 in Women's bathroom (being investigated and repaired)
- Air Conditioning to 2 x offices in Tenancy 3

Insurance: $13,793 approximately per ann
Council Rates: $6,776.49 per half year

The property is surrounded by other commercial businesses, hotels, car yard and take away food outlets.

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale.

Property History for 37 Bourbong St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$1,700,000
05 Sep 2025
  • 07 Jul 2025
    Listed for Sale $1,700,000
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About Bundaberg Central 4670

The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2016 was 316 people. By 2021 the population was 162 showing a population decline of 48.7% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation.In 2021, 25.00% of the homes in Bundaberg Central were owner-occupied compared with 30.00% in 2016.

Bundaberg Central has 508 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 141.02% increase in median value, while Units have seen a 115.60% increase. As at 31 January 2026:

  • The median value for Houses in Bundaberg Central is $502,881 while the median value for Units is $481,041.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Bundaberg central on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Bundaberg central.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.