11 Thabeban Street, Avenell Heights QLD 4670

ATTENTION: Investors, land bankers, developers, builders: this is an extremely rare opportunity!

If you have been looking for a development site suitable for subdivision, unit or townhouse development, then look no further.

A solid family home located on an enormous 4047 sq m allotment - is rarely found in town. Located approx. 3 km from Bundaberg CBD and the new Bundaberg hospital site - it is situated in a central location within walking distance to Thabeban St Bus Stop and Freshfields Butcher, Liquor store and Foodworks as well as a short drive to The Waves Sports Club & Sports Complex, Edenbrook Early Learning and Shalom College.

The potential on offer is enormous for the savvy investor/ developer and we expect interest to be high.

REDEVELOPMENT AND SUBDIVISION POTENTIAL (Options STCA):

- Fully fenced 4047 sq m allotment, with approximately 42m street frontage
- Subdivision options (STCA) - selling off the lots, sell off the house and build your dream home at the rear (STCA)
- Redevelopment options – construction of multiple duplex style units (STCA – the neighbouring properties have 10 units)
- Land bank investment – currently rented at $430 per week, whilst you plan the sub division or additional dwelling/s (STCA)
- This property has a lapsed Development Approval for 11 villa-style homes
- Council zoning - Residential A
- Flood free zone

THE DWELLING:

- Low maintenance solid block construction
- Spacious living area with polished timber floors and double height raked ceiling
- Enormous kitchen with plenty of bench + cupboard space and large dining/family area
- Three generous bedrooms plus Rumpus room/home office
- Large front porch for alfresco dining
- Main bathroom with shower – with separate powder room and toilet
- Attached carport with direct access to kitchen/dining area
- 6x6m shed at the rear

AT A GLANCE:
Land size: 4047 sq m with approx. 42m street frontage
Bedrooms: 3
Rumpus / Office: 1
Bathroom: 1 with separate vanity and toilet
Car accommodation: 3
Current rent: $430 per week
Lease expiry: 30 January 2025
Council rates: $2600 per half year (including water usage)

Contact the Exclusive Marketing Agent Majella Owen on 0413245755 for further details or to request an inspection or to submit your offer. Expressions of Interest close 18th November.

DISCLAIMER: Prospective Purchasers must make their own enquiries to verify the information contained in this notice. STCA – Subject To Council Approval. We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.