57 Princess StreetBundaberg East QLD 4670
Property Details for 57 Princess St, Bundaberg East
Last Listing description (July 2009)
PRIME INVESTMENT - 10 YEAR LEASE
THIS PROPERTY REPRESENTS AN EXCELLENT SECURE INVESTMENT. FREEHOLD TITLED WITH OVER 3000, M2 OF LAND THE PROPERTY IS LEASED FOR 10 YEARS WITH ANNUAL NET INCOME OF APPROXIMATELY $156,000 P.A. PLUS OUTGOINGS.
SITUATED ON PRINCESS STREET AT BUNDABERG EAST THE PROPERTY HAS HIGH VISUAL EXPOSURE AND IS POSITIONED IN AN IMPROVING AREA WITH OTHER DEVELOPMENTS APPROVED AND MOOTED FOR COMMENCEMENT IN THE SUBJECT PROPERTY VICINITY, AND NEIGHBOURS BRIDGESTONE TYRE OUTLET AMONGST OTHERS.
TENANTS PAY OUTGOINGS WITH RENT REVIEWS ANNUAL TO THE C.P.I. THE LEASE EXPIRES 31/08/2017 PLUS 2 X 5 YEAR OPTIONS .
NOTE: RENT TO INCREASE IN AUGUST 2009 TO $162,240 NET P.A.
DETAILS: GLENN CONRIDGE ON (0413) 873 337..
Property History for 57 Princess St, Bundaberg East, QLD 4670
- 21 Sep 2018Sold for $1,700,000
- 22 Jan 2015Transferred for $346,500
- 16 Feb 2009Listed for Sale 1750000
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0About Bundaberg East 4670
The size of Bundaberg East is approximately 4.6 square kilometres. There are 10 parks, covering nearly 15.3% of the total area. The population of Bundaberg East in 2016 was 2784 people. By 2021 the population was 2839 showing a population growth of 2.0% in the area during that time. The predominant age group in Bundaberg East is 60-69 years. Households in Bundaberg East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg East work in a labourer occupation.In 2021, 57.10% of the homes in Bundaberg East were owner-occupied compared with 57.50% in 2016.
Bundaberg East has 1,608 properties. Over the last 5 years, Houses in Bundaberg East have seen a 111.88% increase in median value, while Units have seen a 113.37% increase. As at 31 July 2026:
- The median value for Houses in Bundaberg East is $628,381 while the median value for Units is $597,089.
- Houses have a median rent of $585 while Units have a median rent of $460.
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