15 Robert St, Bundaberg South is a 9 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1982. The property has a land size of 1012m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
This block of 5 units offers a solid income stream and an even more solid long term investment. Sitting on a 1,012m2 Medium Density parcel of land that is conveniently located close to the Bundaberg CBD, Hinkler Place Shopping Centre and a host of other services, this is an exciting opportunity for a savvy investor.
Consisting of four, 2 bedroom units and one, 1 bedroom unit, each unit offers built-in wardrobes, security grills on windows and an undercover carport.
Currently sitting on 1 title, meaning that there is no Body Corporate in place, the half yearly rates are currently $5,713.77.
The units are currently returning $1,750 per week for a yearly return of $91,000:
Unit 1: $355
Unit 2: $355
Unit 3: $345
Unit 4: $345
Unit 5:$350 (1 Bedroom)
Insurance: $5,795 per annum
Rates as per Form 2 Disclosure Statement.
The owners of the unit complex wish to focus on another project and are prepared to sell under the market value to do so. The Bundaberg Unit market is very hot at present, if the new owner(s) were to Strata Title the site for instance, a significant value add would be immediately achieved at minimum cost.
Call Exclusive Listing Agent Greg McMahon on 0414 518 315 or email greg@ascot.net.au to arrange an inspection.
The size of Bundaberg South is approximately 2.2 square kilometres. There are 10 parks, covering nearly 17.9% of the 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 133.23% increase in median value, while Units have seen a 114.78% increase. As at 30 April 2026:
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