Positioned in a well-established Norville precinct, 1A Kensington Street presents a solid commercial opportunity suitable for savvy investors.Set on a practical allotment with excellent street presence, the property offers strong accessibility, surrounding commercial activity, and convenient proximity to Bundaberg's CBD and major arterial roads.KEY HIGHLIGHTS INCLUDE:- Versatile commercial building with flexible internal layout- On-site parking / easy street access- 3 Shops occupied by two Tenancies - Positioned on a 319m2 block- Located within a tightly held commercial pocket- Solar- Tenants contribute to outgoings- Total Income Potential - Approx $42,000 PA TENANT 1: - Will sign a new 2 year leaseTENANT 2:- NBN Tower lease over shop 3 until July 2031 RATES: Approximately $2749 per half year Norville continues to be a sought-after location for professional services, trade-based businesses, and mixed commercial activity, making this a smart acquisition in a proven area.Opportunities like this are increasingly rare secure your position in Norville today. Contact Exclusive Listing Agent, Selling Principal Jonathon Olsen on 0409 534 533. Disclaimer: LJ Hooker have been provided with the above information; however, the Office and the Agent provide no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
The size of Norville is approximately 3.5 square kilometres. There are 7 parks, covering nearly 12.1% of the total area. The population of Norville in 2016 was 2409 people. By 2021 the population was 2476 showing a population growth of 2.8% in the area during that time. The predominant age group in Norville is 50-59 years. Households in Norville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norville work in a community and personal service occupation.In 2021, 67.90% of the homes in Norville were owner-occupied compared with 65.40% in 2016.
Norville has 1,331 properties. Over the last 5 years, Houses in Norville have seen a 123.60% increase in median value, while Units have seen a 104.68% increase. As at 31 August 2026:
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