16 Hargreaves Street, Bundaberg South, Qld 4670

The South Bundaberg area is a prime location for investors, with 60% of its 3,000+ population tenant-occupied and a significant demographic of 20-29-year-olds. This vibrant suburb offers a range of local parks, including the Baldwin Swamp recreational area, as well as easy access to both private and state schools. Public transport is readily available, with bus routes connecting the area to Bundaberg city center and beyond. South Bundaberg has experienced strong growth, with an average unit rental yield of 6.0% and a compound growth rate of 23.2%.

Key Features:

*Functional design with living area upon entry and stairs to the upper level
*Two bedrooms upstairs, both with built-in robes
*Practical bathroom with shower recess, vanity, and toilet
* Unit 2 offers a second toilet downstairs.
*Spacious kitchen, offset from the dining area
*Timber entertaining deck for each unit, with shared yard space
*Single garage with internal access, plus bonus single carport in front
*Built in the 1990s, the property has good bones but shows some age- 
   related wear and tear that require attention.

Currently tenanted:
Unit 1 lease in place till Feb 2025 @ $300 p/w
Unit 2 lease in place till Feb 2025 @ $325 p/w

This property offers excellent potential for investors looking for solid rental yields and long-term growth in a well-established and thriving area. Don't miss out on this outstanding opportunity in South Bundaberg!

For a detailed view of the layout, be sure to explore the virtual tour, floor plan, and site plan. For more information or to arrange a private viewing, feel free to call, text, or email Ainsley Driver and Zak Wright.