×
You have no items in your shopping cart.
2 Stedman Street, Norville, Qld 4670 For Sale
2 Stedman Street, Norville, Qld 4670 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Image 2 Stedman Street, Norville, Qld 4670-Floorplan

2 Stedman Street, Norville, Qld 4670

SUBMIT ALL OFFERS

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings
804 m²
Area

Published on Tuesday, June 30, 2026 ( See property details for 2 Stedman Street, Norville, Qld 4670)

SUBMIT ALL OFFERS

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, fully tenanted block of four units in Norville offering strong rental income and excellent long-term investment potential.

🏡 Property Highlights

  • Fully tenanted complex of four units with long-term tenants
  • Immediate cash flow with a gross rental income of approximately $92,560 per annum
  • Strong rental security with fixed-term leases and locked-in rental increases
  • Excellent location close to schools, shopping, hospital, and CBD
  • Well-maintained, low-maintenance complex ideal for investors
  • High potential gross yield of approximately 6.5% - 7.1%

✨ Key Features

  • Open-Plan Living
  • Ceiling Fans
  • Separate Laundry
  • Individual Carports
  • Low-Maintenance Complex
  • Long-term Tenants
  • Fixed-term Leases
  • Functional Kitchen
  • Close to Schools
  • Close to Shopping Centres

Norville is a highly sought-after suburb in Bundaberg, renowned for its convenient location close to schools, shopping centres, and healthcare facilities. The area offers excellent tenant demand, well-maintained properties, and easy access to transport links, making it an ideal choice for investors seeking stable long-term growth. With proximity to recreational facilities and the CBD, Norville combines lifestyle convenience with strong investment fundamentals.

What is the current rental income and potential for future growth?
The property currently generates approximately $92,560 per annum in gross rental income, with scheduled rent increases and strong tenant retention supporting future growth.
Are the units fully occupied and managed by long-term tenants?
Yes, all four units are fully tenanted with long-term tenants on fixed-term leases, ensuring consistent rental income.
What maintenance and management requirements are involved?
The complex is well-maintained and low-maintenance, with tenants who take pride in their homes, minimising ongoing management efforts.
What amenities and facilities are nearby?
The property is close to schools, shopping centres, sporting facilities, Bundaberg Airport, and the CBD, providing convenient access to essential services and recreational options.
What is the potential return on investment?
The property offers an attractive gross yield of approximately 6.5% to 7.1%, based on current rental income and purchase price estimates.
Are there any upcoming or planned developments in the area that could affect property values or tenant demand? What are the strata or body corporate fees and associated costs, if applicable? Are there any zoning restrictions, easements, or planning permissions that could impact future modifications? Has the property been inspected for structural issues, pests, or other defects? Are there any flood or bushfire risks associated with the property location? What are the terms and conditions of the current leases, and are there any rent review clauses? Are there any additional costs for maintenance or repairs expected in the near future? Is there any history of disputes or issues with tenants or neighbours? Are there any restrictions on property modifications or renovations? What is the history of property value appreciation in the Norville area?

2 Stedman Street, Norville, Qld 4670 - More Details

SUBMIT ALL OFFERS

An outstanding opportunity to secure an entire block of four units in one of Norville's most convenient locations.
Fully tenanted with quality long-term tenants on fixed-term leases, this is a genuine set-and-forget investment offering immediate cash flow, strong rental security and excellent long-term potential.

Currently returning approximately $92,560 per annum in gross rental income once the scheduled rent increases take effect, the property offers an attractive gross yield of approximately 6.5% - 7.1% (subject to purchase price). With rental increases already locked in and a history of excellent tenant retention, this is a rare opportunity to acquire a high-performing residential investment in a tightly held market.

Property Features:
• Fully tenanted complex of four units
• Long-term tenants with fixed-term leases in place
• Well-maintained, low-maintenance complex
• Highly sought-after Norville location close to schools, shopping, hospital and CBD

In Each Unit:
• 2 bedrooms + 1 bathroom
• Open-plan living and dining area
• Functional kitchen with excellent storage
• Ceiling fans throughout
• Bathroom with shower, vanity and toilet
• Separate laundry with rear access
• Individual carports plus additional street parking

UNIT A
Current Lease End: February 2027
Current rent: $420 per week (increases to $460 per week in August 2026)

UNIT B
Current Lease End: March 2027
Rent: $440 per week

UNIT C
Current Lease End: April 2027
Rent: $440 per week

UNIT D
Current Lease End: July 2027
Current rent: $400 per week (increases to $440 per week in July 2026)

Distance to Facilities (Approx.)
• Across The Waves Sports Club - 440m
• Norville Park Pool - 700m
• Shalom Catholic College - 1.2km
• Bundaberg Airport - 2.8km
• Hinkler Central Shopping Centre - 3.0km
• Additional Shopping Facilities - 3.5km
• Bundaberg Base Hospital - 3.6km
• Bundaberg CBD - 3.7km
• Bargara Beach - 16km

The complex is well maintained, with tenants who take pride in their homes, helping to minimise ongoing management requirements.
Perfectly positioned close to schools, shopping centres, sporting facilities, Bundaberg Airport, the Bundaberg Base Hospital and the CBD, the location continues to attract strong tenant demand and provides investors with confidence for the future.

Don't miss this exceptional opportunity - contact Exclusive Listing Agent Chaise Hartnett on 0401 152 834 for more information or to arrange a private inspection today!

*Whilst every endeavour has been made to verify the correct details in this marketing, neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.*
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
804 m²

Map & nearby places — 2 Stedman Street, Norville, Qld 4670

Login to experience 2 Stedman Street, Norville, Qld 4670 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with live travel time from the front door
  • Orbit-home, street & suburb camera presets
  • Satellite & hybrid map views, full-screen mode
  • Free for every Real Search member — no cost to explore
Login to view 3D Immersive View New to Real Search? Create a free account

Email Enquiry To Ray White - Bundaberg

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Norville

Real Search makes searching for your new home easy with properties for sale in Norville and properties for rent in Norville. Are you looking for specific type of property? Real Search has units for sale in Norville and houses for sale in Norville. Real Search also provides 1 bedroom block of units for sale in Norville, 2 bedroom block of units for sale in Norville & 3 bedroom block of units for sale in Norville. Find best real estate agents in Norville. You can also check real estate agencies in Norville. Research the property market of Norville with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.