122 Targo Street, Bundaberg South, QLD 4670 sold on 10 February 2025 | OnTheHouse
SOLD
Sold on 10 Feb 2025 for $775,000

122 Targo Street
Bundaberg South QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 122 Targo St, Bundaberg South

Building Type
Commercial
Local Government
Bundaberg Regional
Lot/Plan
3/RP106275

Last Listing description (January 2024)

Once in a generation opportunity to secure prime commercial property

Pre-Auction Inspection Saturday 2nd December, 2023 from 9.30am

With a history steeped in the beginning of our thriving city of Bundaberg, 122 Targo Street, Bundaberg South has been a timeless reminder of the solid foundations of our city.

In the year 1915, a Miss Blair formally matron of the Lady Chelmsford Hospital in Bundaberg decided to open a private maternity hospital in conjunction with Nurse Bradford and Nurse Down. Suitable premises were procured in Targo Street, South Bundaberg, and were fitted with the most modern requirements. The electric light was installed throughout the large building, which with its beautiful surroundings, presents an era of pleasantness and attractiveness. Provision was made for surgical and medical cases as well as for waiting-in patients. Nurses Bradford and Down were free to continue outside nursing as usual. The Telephone number 3.22 was installed. The "Bexley Private Hospital", was the name given to the new institution.

Following use as a hospital, the property was utilised for residential flats for many years.

When in 1994 the property was purchased by a known local family to continue their retail bridal and formal hire business. As a business, many residents in Bundaberg fondly have memories of their own generations of family members availing themselves of the Bridal Gowns, Bridesmaids Gowns, Formal Gowns, Mothers Outfits, Ladies shoes and accessories and men's suits the business has on offer.

And now is the time is now for the owners to release the property to a new generation of business life. This is a once in a lifetime opportunity to secure this prime centrally located 1032 square metres of commercially zoned land.

At a glance:
- 1032 square metres
- Commercially zoned property - check with Bundaberg Regional Council for further information.
- Easy access bitumen driveway to customer car parking.
- Private Office/Storage/ Kitchenette area.
- 3 steps down to more storage and double garage.
- Decorative Ceiling Roses,
- 12-foot ceilings in front premises,
- Tongue & Groove Walls,
- Current use as a retail bridal and formal hire business (NB: business & stock are not included in sale)

Property to be offered for Public Auction onsite on Saturday 2nd December at 10am.
Full information Memorandum available.
Call your Exclusive Ray White Real Estate Agent - Le-Anne Allan
Now on 0417-775718 or email to le-anne.allan@raywhite.com

Disclaimer:
In preparing this document Ray White Bargara have used their best endeavours to ensure that the information contained in this advertising document is true and accurate, but accept no responsibility in respect to any errors, omissions, inaccuracies, or misstatements contained in this document. Prospective Purchasers should make their own enquiries to verify the information contained in the document.

Auction disclaimer:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only. Prospective Purchasers should make their own inquiries to verify the information contained in the information.

Property History for 122 Targo St, Bundaberg South, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$775,000
10 Feb 2025
  • 10 Nov 2023
    Listed for Sale Auction Onsite Saturday 02 December 2023 10am
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About Bundaberg South 4670

The size of Bundaberg South is approximately 2.2 square kilometres. It has 10 parks covering nearly 17.9% of total area. The population of Bundaberg South in 2016 was 3307 people. By 2021 the population was 3494 showing a population growth of 5.6% in the area during that time. The predominant age group in Bundaberg South is 20-29 years. Households in Bundaberg South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg South work in a labourer occupation.In 2021, 37.80% of the homes in Bundaberg South were owner-occupied compared with 38.40% in 2016.

Bundaberg South has 1,974 properties. Over the last 5 years, Houses in Bundaberg South have seen a 137.03% increase in median value, while Units have seen a 119.60% increase. As at 30 November 2025:

  • The median value for Houses in Bundaberg South is $531,913 while the median value for Units is $427,172.
  • Houses have a median rent of $550 while Units have a median rent of $380.
There are currently 12 properties listed for sale, and no properties listed for rent in Bundaberg south on OnTheHouse. According to Cotality's data, 111 properties were sold in the past 12 months in Bundaberg south.

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Cotality Copyright and Legal Disclaimers about Property Data
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.