George Street Bundaberg Central, QLD 4670

• Land Area: 1,538m²*
• Approved for Rooming Accommodation with 33 units over 2 levels including manager's studio
• Opportunity to capitalise on significant undersupply of rental accommodation in the Bundaberg region
• New Bundaberg hospital due for commencement in 2024
• Estimated potential gross annual rent with 100% occupancy, once constructed is $623,220* per annum providing potential gross annual return of 11%
• Designated Medium Density Residential Zone allowing a range of potential other options
• Several communal areas, both indoor and outdoor, including shared laundry, communal kitchen, dining, office areas and rooftop terrace
• Single, double and accessible studios
• Ground level undercover parking for 29 cars, 8 motorcycles and ample bicycle/scooter spaces
• Positioned in close proximity to the CBD, Hinkler Shopping Centre, Hospitals, TAFE and local schools

For further information, please contact the Ray White Special Projects Qld Marketing Agents.

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