1-4/72 Steuart Street, Bundaberg North QLD 4670

This is the kind of investment that doesn't come around often - strong returns, a central location, and quality tenants already in place.

Positioned just minutes from Bundaberg's CBD and within easy walking distance to cafes, pubs, restaurants, and IGA, this well-kept unit complex ticks all the boxes. Built by renowned local builder Barry Hurst and fully renovated in 2014, the complex offers a solid low-maintenance option for your portfolio. Each unit is tenanted with long-term renters who treat the place like home.

At a glance:
Unit 1 - 106m² (Currently rented at $370/wk)
• 2 bedrooms with built-ins
• Renovated bathroom with separate toilet
• Spacious living, kitchen, and dining
• Single garage with internal access
• Covered patio area

Unit 2 - 105m² (Currently rented at $370/wk)
• 2 bedrooms with built-ins
• Renovated bathroom with separate toilet
• Air conditioning
• Single garage with internal access
• Covered patio area

Unit 3 - 106m² (Currently rented at $370/wk)
• 2 bedrooms with built-ins
• Renovated bathroom with separate toilet
• Spacious open plan design
• Single garage with internal access
• Covered patio area

Unit 4 - 96m² (Currently rented at $320/wk)
• 1 bedroom with built-in robe
• Renovated bathroom
• Open plan kitchen, dining, and living
• Single garage
• Covered patio area

All units are fully security screened with high-quality Crimsafe screens and are individually water metered.

The Numbers:
• Total Rental Return: $1,430 per week / $74,360 per annum
• Rates: Approx. $1,650 per unit, per half-year
• Strata & building insurance (inc. flood cover): Approx. $7,500 per annum
• Strata titled but no active body corporate

Whether you're expanding your portfolio or looking for a rock-solid investment to start with, this property offers exceptional value and minimal upkeep.

For more information or to arrange an inspection, contact exclusive agents William Mizzi on 0484 618 823 or Maddy Rampant on 0414 483 862.