7 Electra St, Bundaberg Central is a 16 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1012m2 and floor size of 6m2. While the property is not currently for sale or for rent, it was last transferred in November 2006.
EXISTING CASH FLOW AND A REAL OPPORTUNITY TO BE SUBSTANCIALY INCREASED BY NEW OWNER. Owner has 2 rooms for personal use and the rents haven't been increased for well over the currently required term. Having run the establishment for 16 years Owner wants to retire and is leaving increases and possible improvements for the new owner to implement if they wish. Some tenants have been there from before purchased.
Comprising of a high set Queenslander with 8 rooms, kitchen and sitting/dining area. Behind the 2 story concrete and hardy plank building consists of 6 rooms downstairs with kitchen and dining area, and above is a modest 2 bedroom residence that renovations beckons, tons of storage under the Queenslander and a double garage at the rear of the 1/4 acer block. There is a BBQ/ outdoor sitting area between the buildings.
Rents vary with the average $180 per week depending on individuals' cleaning duties and, if accessing the internet is required or running air cons and or refrigerators.
To defray electricity costs, Solar was fitted before the battery era, and it would be wise now to be reassessed with all the improvements that have happened since installation.
The 100 year 2013 flood went through the bottom floor with minimal damage, the upstairs and 8 rooms in the Queenslander were high and dry.
A great investment with lots of potential to increase real cash income. WOULD SUIT OWMER OPERATERS /HANDY PERSON TO MAXIMISE YOUR PROFIT.
Inspection DON'T DELAY call Ben Martelli 0404 803 714 TODAY.
**Every effort has been made to verify the correct details of this marketing. Neither the agent, vendor or illustrator is responsible for any omission, wrongful inclusion, misdescription or typing error in this marketing material. All interested parties should enquire to verify the information and satisfy any concerns. The sale may not include fixtures shown, and questions must be directed to the agent. Any information intended to be relied on should be independently verified, and necessary due diligence should be conducted. **
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 513 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 128.63% increase in median value, while Units have seen a 147.23% increase. As at 31 March 2026:
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