7 Electra Street, Bundaberg Central, QLD, 4670

CERTIFIED 14 BED BOARDING HOUSE - CLOSE TO HINKLER CENTER.

House
Type
16
Bedrooms
2
Parkings

Last updated on Friday, April 10, 2026 ( See property details for 7 Electra Street, Bundaberg Central, QLD, 4670)

$1,450,000

Ben Martelli Sales & Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and income-generating property in Bundaberg Central offering multiple living spaces, ample storage, and development potential.

🏡 Property Highlights

  • High cash flow potential with existing tenants and room for rent increases
  • Versatile property with a Queenslander and additional two-storey building
  • Multiple accommodation options including 8-room Queenslander and 6-room downstairs unit
  • Ample storage space and a double garage on a quarter-acre block
  • Outdoor BBQ and sitting area perfect for social gatherings
  • Solar panels installed to reduce electricity costs, with potential for reassessment

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Solar Panels
  • Secure Parking
  • Internal Laundry
  • Balcony
  • Pet-Friendly

Bundaberg Central is a vibrant suburb offering excellent amenities, convenient access to shops and services, and a strong rental market. Its historic charm combined with ongoing development makes it an attractive location for investors and families alike. The area benefits from a friendly community atmosphere, proximity to schools, and scenic parks, making it ideal for a diverse range of residents.

What is the current condition of the property and are there any planned renovations?
The property is well-maintained with existing structures, and there is potential for renovations, especially in the upstairs residence, to increase value and rental income.
Are there any restrictions or zoning considerations for future development or modifications?
Potential buyers should verify local zoning regulations and planning restrictions with the Bundaberg City Council to ensure any future development complies with local codes.
What are the current rental yields and potential for rent increases?
Current rents average around $180 per week, with room for increases based on market conditions and improvements made by the new owner.
Has the property been affected by flooding or other natural risks?
The property experienced minimal damage during the 2013 flood, with the main structures remaining high and dry, indicating a low flood risk for the current site.
What are the utility costs and potential savings with the existing solar system?
Electricity costs are partially offset by the existing solar panels installed before the battery era; a reassessment could optimise savings with current technology.
Are there any hidden costs associated with the property, such as outstanding maintenance or council rates? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or planning restrictions affecting the property? What is the history of flood or bushfire risks specific to this property? Are there any upcoming developments or planning applications in the area that could impact the property’s value or environment? Is the property compliant with current building codes and safety standards? Are there any strata or body corporate fees applicable if parts of the property are strata-titled? What are the long-term maintenance costs associated with the existing structures? Are there any noise or neighbour-related issues that could affect living or rental conditions? Has the property been surveyed recently to confirm boundaries and land size?

7 Electra Street, Bundaberg Central, QLD, 4670 - More Details

CERTIFIED 14 BED BOARDING HOUSE - CLOSE TO HINKLER CENTER.

Type
House
Bedrooms
16
Parkings
2

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