4 Novakoski StreetKepnock QLD 4670
Property Details for 4 Novakoski St, Kepnock
4 Novakoski St, Kepnock is a 9 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 1177m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
This is your chance to acquire a quality income-producing residential investment opportunity in the growing city of Bundaberg on a 1177m2 block with excellent access to public transport, schools, CBD, Aldi, Hinkler Shopping Centre and much more.
Total of 5 units:
Each consisting of:-
- 1 bathroom
- Kitchen and dining area
- Lounge area
- 1 carport
- Built-in wardrobes
- Laundry
- Currently fully leased, mostly with long term tenants
- Spacious 1177m2 lot, easing access in and out of carport
- Approx. 30 years old
- Ideal to Hold in Super Fund
- Great Income, approx. $52,000 gross per annum - 7.44% return
- Insurance $2500 p.a Rates $9800 p.a
- Potential to increase rental income to $60,000+ p.a due to massive demand for rentals with basically no supply
- QUALITY INCOME-PRODUCING, RESIDENTIAL INVESTMENT!
This is an exceptional opportunity for an investor who seeks a strong passive income return from an ideally located unit block.
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
Property History for 4 Novakoski St, Kepnock, QLD 4670
- 02 Mar 2021Sold for $662,000
- 10 Feb 2021Listed for Sale $699,000
- 20 Feb 2020Listed for Rent - Price not available
Recent sales nearby
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0About Kepnock 4670
The size of Kepnock is approximately 3.2 square kilometres. It has 5 parks covering nearly 10.5% of total area. The population of Kepnock in 2016 was 4441 people. By 2021 the population was 4501 showing a population growth of 1.4% in the area during that time. The predominant age group in Kepnock is 10-19 years. Households in Kepnock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kepnock work in a community and personal service occupation.In 2021, 64.50% of the homes in Kepnock were owner-occupied compared with 62.30% in 2016.
Kepnock has 2,050 properties. Over the last 5 years, Houses in Kepnock have seen a 119.53% increase in median value, while Units have seen a 112.28% increase. As at 30 April 2026:
- The median value for Houses in Kepnock is $655,281 while the median value for Units is $461,654.
- Houses have a median rent of $580 while Units have a median rent of $380.
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