We are delighted to present a unique commercial development opportunity centrally positioned in Bundaberg's most vibrant shopping district. This prime site offers numerous possibilities for development, including multi-unit dwellings, retail, hospitality, fast food, or a combination of these uses.
Key Features
• Prime Location: Situated in a bustling business precinct, home to national tenants such as Coles, Woolworths, Aldi, Harvey Norman, The Good Guys, and Bunnings.
• Rapid Expansion: The area is rapidly expanding, providing a rare opportunity to capitalise on this central location.
• Multiple Lots for Sale: Four adjoining lots, known as 112-116 Takalvan Street and 15 Faircloth Crescent, totalling 3,558m² of prime development land.
• Convenient Access: Access from Johanna Boulevard and Takalvan Street helps ease traffic congestion.
• Neighbouring Developments: Adjacent to the under-construction extension of Coles Kensington Shopping Centre, adding further value to this commercial opportunity.
Multiple Lots:
112 Takalvan Street
• 3-bedroom, 1-bathroom home with a 2-car garage
• 1,009m² fenced allotment
• Features large lounge and dining rooms, three garages, and an undercover outdoor area
• Council Rates: $2,000/half year
• Rental Income: $500/week
114 Takalvan Street (Vacant Land)
• 809m² allotment merged with 15 Faircloth Crescent to form a 1,740m² allotment
• Council Rates: Combined with 15 Faircloth Crescent - $2,500/half year
116 Takalvan Street
• 3-bedroom, 2-bathroom home with a 2-car garage
• 809m² allotment
• Features a master bedroom with ensuite and walk-in robe, wheelchair access, two large living spaces, air conditioning, and a private covered outdoor entertainment area
• Council Rates: $1,900/half year
• Rental Income: $495/week
15 Faircloth Crescent
• 3-bedroom, 2-bathroom home with a 4-car garage
• 931m² allotment
• Brick with hardiplank construction, fully fenced, with an updated kitchen, built-in wardrobes, and a spacious outdoor entertainment area
• Council Rates: Combined with 114 Takalvan Street - $2,500/half year
• Rental Income: $500/week
Financial Information
The new owner will benefit from existing tenancies generating $1,495 per week, relieving the burden of ownership until development can commence.
Buyers Information Pack
We have prepared an information pack for qualified buyers, available for download from a private weblink. Contact the agent for access. The information pack includes:
• Detailed descriptions and photos of the dwellings
• Bundaberg Regional Council Infrastructure Map
• Bundaberg Regional Council Flood Hazard Map
• QLD Government Smart Map
• Tender Submission Form
Vendor Terms of Sale
The vendor is seeking expressions of interest from qualified buyers for the purchase of the four adjoining properties as one lot. Interested parties are encouraged to conduct their due diligence prior to submitting an application to purchase. The vendor will consider bids in the form of a signed contract with a deposit paid and reserves the right to add conditions of sale to the contract.
For further information or to arrange a site visit, please contact marketing agent Wade Stuart on 0431 721 120.
