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2 Stedman Street, Norville, Qld 4670-Image

2 Stedman Street, Norville, Qld 4670

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Block Of Units

Type

Bedrooms

Bathrooms

Parkings

804 m²

Area

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

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AI Property Insight

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

Suburb and Property Insights of Norville, QLD 4670

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

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

2 Stedman Street, Norville, Qld 4670 - Point Of Interest

Locate Near By Places of 2 Stedman Street, Norville, Qld 4670 On Map

Your Commute at a Glance: 2 Stedman Street, Norville, Qld 4670

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2 Stedman Street, Norville, Qld 4670

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