364 Bourbong St, Millbank is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Plenty of investment potential with these 2 homes on one block!
No matter if you are looking for a set and forget investment, or something with dual living potential to live in one and rent out the other.
Potential yield of 7.33%!
House 1 offers;
- Built in 2020
- Open plan combined living in the heart of the home
- Kitchen with dishwasher, electric oven and stove top, island bench, plenty of cabinetry and featuring a walk-in pantry
- Family living room at the front of the home
- Master bedroom with walk-in wardrobe and ensuite
- Bedroom 2 and 3 with ceiling fans and built-in wardrobes
- Main bathroom with separate bath, shower and vanity
- Ceiling fans throughout with multiple storage/linen cupboards
- Covered outdoor patio area
- Double lock-up garage
- Currently rented for $500 per week on a periodic
House 2 offers;
- Original style kitchen with free-standing gas oven and cooktop
- Separate living and dining areas
- 3 good-sized bedrooms
- Bathroom with shower, vanity and built-in cupboard
- Step down to the laundry with backyard access
- Ceiling fans and security screens throughout
- Double carport
- Surrounded by 6ft fencing
- Tenants on periodic lease at $330 per week
- Estimated rental appraisal of $360 per week
Separately metered.
Rates are a combined approx. $3,300 per half year.
Conveniently located in a flood free location and close to schools, shops, the medical precinct, public transport, and just a 5 minute drive to Bundaberg CBD!
Inspections by appointment only. Call, text or email Ainsley Driver and Zak Wright for more information, or to book a private viewing.
The size of Millbank is approximately 3.4 square kilometres. There are 4 parks, covering nearly 7.8% of the total area. The population of Millbank in 2016 was 2512 people. By 2021 the population was 2499 showing a population decline of 0.5% in the area during that time. The predominant age group in Millbank is 70-79 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation.In 2021, 60.10% of the homes in Millbank were owner-occupied compared with 55.70% in 2016.
Millbank has 1,220 properties. Over the last 5 years, Houses in Millbank have seen a 126.87% increase in median value, while Units have seen a 114.38% increase. As at 30 June 2026:
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