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For Sale

34 George Street,
Bundaberg South 4670, Queensland

961m² land size
200m² building size
Other

Offers Over $550,000

Property details

FOR SALE | PRIME FLOOD FREE CBD COMMERCIAL & DEVELOPMENT OPPORTUNITY

34 George Street presents a strategic freehold opportunity on the doorstep of the Bundaberg CBD.

First time offered to the market in 18 years, this well-positioned commercial property combines an existing income-producing asset with significant scope for future repositioning or redevelopment and our Owner is ready to meet the market!

* Prime CBD fringe location
* Flood-free position
* Two-street access
* Fully fenced and secure site
* Existing office accommodation and shed
* High-profile commercial address
* Longstanding tenant currently in place
* Immediate income with future development potential
* Flexible commercial zoning
* Opportunity to occupy, refurbish, redevelop or landbank

The property offers excellent functionality in its current form, with office accommodation, shed facilities, a fully fenced site and convenient two-street access, providing flexibility for a range of commercial users.

The existing improvements can be retained and utilised, refurbished and repositioned, or the site may offer scope for a more substantial redevelopment in the future.

Subject to Council approval, future development opportunities may include a multi-level commercial, office, medical or mixed-use development, allowing an incoming purchaser to capitalise on the property's location and longer-term potential.

Potential Strategies
* Retain the existing tenant and benefit from an established commercial holding
* Owner-occupy the existing offices, shed and site in the future
* Redevelop the site for commercial, medical, office or mixed-use purposes (STCA)
* Landbank as a strategic long-term holding close to the Bundaberg CBD

Property Details
- Property Type: Commercial
- Development Zone: Business or Centre
- Council Rates: Approximately $7,440 per annum
- Site: Fully fenced with two-street access
- Improvements: Office accommodation and shed

With commercial property in well-positioned, flood-free locations close to the Bundaberg CBD tightly held, 34 George Street represents a versatile freehold opportunity offering immediate functionality, existing income and longer-term development potential.

Contact the Exclusive Listing Agents
Peter Barone
0438 446 269
Maree Barone
0438 446 211

Inspections

Explore the area

School catchments

  • Bundaberg South State School Primary Prep-6 Government 0.17km
  • St John's Lutheran Primary School Primary Prep-6 Independent 0.40km
  • St Joseph's Catholic Primary School Primary Prep-6 Catholic 0.98km
  • Bundaberg Central State School Primary Prep-6 Government 1.1km
  • Walkervale State School Primary Prep-6 Government 1.6km

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.

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