10 Takalvan StreetBundaberg West QLD 4670
Property Details for 10 Takalvan St, Bundaberg West
Last Listing description (April 2022)
+ Secure 18-year net lease to 2034 plus options to 2074.
+ Chevron Corporation (NYSE: CVX): Major global energy company, with a market cap of $257 Billion and over 360 sites nationally. *
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance and Land Tax.
+ Strong and certain rental growth with annual, fixed compounding 3% increases.
+ Prime corner CBD site with direct frontage and exposure to Takalvan Street.
+ Takalvan Street, a main road arterial linking Bundaberg CBD with the regional airport, Bunnings and Sugarland shopping centre servicing over 27,000 vehicles daily.**
+ Positioned opposite the Bundaberg Base Hospital, the largest hospital in the Bundaberg Region, offering a wide range of medical services to a population of approximately 94,000.
+ Strategically located within close proximity to various high-profile national tenants, with Coles, Woolworths, ALDI, Bunnings Warehouse, Officeworks, Dan Murphy's, McDonald's, KFC & Hungry Jacks all within 2.5km.
+ Surrounded by important social infrastructure including 13 schools within a 3km radius servicing 6,767 full-time students.**
+ Bundaberg Region: $4.2 billion of capital projects currently under planning or in construction. ***
+ Bundaberg Region: By 2041, population is forecast to grow by 42% to over 134,000. ****
+ Minimum management, essential service investment.
+ Estimated net rent: $139,113 pa*
To be sold by Investment Portfolio Auction:
10:30am AEST Thursday 31 March 2022
The Hilton, Brisbane
*Chevron
**Gapmaps
***Bundaberg Regional Council
****Bundaberg Tourism Plan
*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 10 Takalvan St, Bundaberg West, QLD 4670
- 01 Apr 2022Sold for $2,570,000
- 02 Mar 2022Listed for Sale Price on Request
- 16 Dec 2016Sold for $71,180,000
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0About Bundaberg West 4670
The size of Bundaberg West is approximately 2.6 square kilometres. There are 5 parks, covering nearly 24.9% of the total area. The population of Bundaberg West in 2016 was 2500 people. By 2021 the population was 2596 showing a population growth of 3.8% in the area during that time. The predominant age group in Bundaberg West is 20-29 years. Households in Bundaberg West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg West work in a labourer occupation.In 2021, 34.20% of the homes in Bundaberg West were owner-occupied compared with 32.70% in 2016.
Bundaberg West has 1,619 properties. Over the last 5 years, Houses in Bundaberg West have seen a 132.95% increase in median value, while Units have seen a 115.04% increase. As at 30 April 2026:
- The median value for Houses in Bundaberg West is $576,642 while the median value for Units is $468,974.
- Houses have a median rent of $550 while Units have a median rent of $400.
Suburb Insights for Bundaberg West 4670
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