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

7 bedrooms
4 bathrooms
4 car spaces
1,012m² land size
Block of Units

$1,100,000


Property details

Fully Tenanted Investment Complex | Approx. 6.7%+ Gross Return

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 until 24/07/27)
• 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 until 06/11/25)
• 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 until 30/05/27)
• 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 20/05/27)
• 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.

Explore the area


School catchments

  • Bundaberg North State School Primary Prep-6 Government 0.74km
  • St Joseph's Catholic Primary School Primary Prep-6 Catholic 1.3km
  • Bundaberg Central State School Primary Prep-6 Government 1.4km
  • Hope Adventist School Primary Prep-6 Independent 1.4km
  • St Patrick's Catholic Primary School Primary Prep-6 Catholic 2.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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