55 Walla Street, Bundaberg South QLD 4670

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55 Walla Street, Bundaberg South QLD 4670

Under Offer
Property Features
  • Other
  • Land is 562 m²
  • Floor Area is 120 m²

Description


Prime Location - Fantastic Investment Opportunity with Multiple Income
Other - Bundaberg South QLD

This property located on a residential B block has dual access with a commercial space and a residential home with shed all-in-one block—this is a fantastic opportunity for those seeking an investment property with multiple earning potential!

Ideal for a savvy business owner wanting to utilise the space for their own business purposes, while possessing the opportunity to utilise both spaces for themselves, or rent the 2nd commercial space while still receiving the rewards from the residential property with access from Pitt street with the following opportunities wrapped up within the 1 investment:
– Residential 3 bedroom, 1 bathroom air conditioned home tenanted on periodic lease at $310 with an increase to $340 p/w
– Shop 1 approx 35.5m2 formerly utilised as a hair-dressing salon
– Shop 2 approx 19.2me formerly utilised as a massage parlour
– Currently divided into two but can be made into one area both are air conditioned
– Common kitchenette and toilet plus small storage area
– Plenty of on-street parking for customers

Walla Street provides street frontage with-high traffic area to the commercial space, conveniently located in Bundaberg South with great exposure. Featuring immaculate large-format tile flooring and beautiful white-painted walls with feature wall. Large windows that provide an abundance of natural light—this space feels spacious and inviting. The space possesses a large shop area with a separate receptionist area and office area. There is also plenty of storage space, a toilet and a kitchenette.

Additionally, this property also features a residential space with beautiful timber wood flooring throughout and tongue-in-groove walls, which is situated with access from Pitt Street. It offers three good-sized, carpeted bedrooms, a spacious eat-in kitchen, living room with air conditioning, bathroom with shower-over-bath with a separate toilet, and an external laundry. The yard is fully fenced and there is a single car lock-up garage. Currently tenanted on a periodic lease, and as of September 15 2022 the rental price will be $340 per week.

Don’t miss out on this fantastic opportunity, contact Just Us Commercial for more information!
Bundaberg is uniquely positioned approx 360km North of Brisbane in Queensland, the Bundaberg region is one of Australia’s fastest growing regional cities. Rapid jobs growth and huge infrastructure investment over the next five years will see the region’s already booming economy surge into national significance.

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.