TRANQUIL LOCATION OVERLOOKING ALEXANDRA PARK AND ZOO Quietly located in…
For Sale, Investment, Residential
4 Powers St, Bundaberg West QLD 4670, Australia
For Sale, Investment, Residential
An incredible opportunity presents itself to the market due to the imminent retirement of the business owner for this long established family business. If the purchaser wished to continue the business, the current owner would assist in the change over. A new owner could convert the under-roof shop and workshop space to a new or relocated venture and live upstairs. Alternately, this property could be purchased and positively geared with a potential net income of over $800 per week.
With over 700m2 in total under roof on a massive 1,166m2 block and featuring a 58,000 salt water pool out back, this impressive package offers so much to a wide range of prospective buyers.
The downstairs area features concrete block construction, enclosing a substantial showroom area and repair workshop (Shop 1) which is used by the current cycle business. There is a kitchenette and separate toilet for privacy and convenience. The shop benefits from a 4.6KW Battery Back-Up Solar System. This area would rent for approximately $300 per week. There is a massive 28.9 metres of frontage to Power Street ensuring great exposure for your business and or product.
Shop 2 also features a shopfront, workshop area and separate toilet and shower. This is currently rented for $150 per week. Next to Shop 2 is a 6 x 7 metre garage which is rented for $50 per week.
Upstairs, the 300m2 Queenslander style home has been refurbished and would satisfy the most discerning buyer. The current tenants are paying $300 per week and would be happy to stay or move on depending upon the new owner’s requirements.
The full length back deck overlooks the pool and would be perfect for after work drinks and entertaining with friends. The rear yard, which is easily accessible is an entertainer’s paradise.
To the right of the deck and with direct access to the main house is a massive 11 x 12 metre games room which is effectively a blank canvas for the new buyer. You could fit a full size snooker table and a complete gaming arcade inside here. This space could also be converted to residential use for the larger or extended family: the possibilities are many.
Entering the house proper, there are 4 generously proportioned bedrooms featuring leadlight windows, polished timber floors, original tongue and groove walls and ceiling fans for year round comfort. The main bedroom has a large built in for Mum and Dad and an en-suite.
The lounge room is air-conditioned and proportioned for the larger family. The dining room overlooks the deck and is conveniently located next to the well appointed kitchen which is adorned with plenty of cupboard space. The recently polished hoop pine timber floors in each of these rooms and throughout the house are visually pleasing, extremely practical and easily maintained.
This package features a 4.6KW Solar Power System with Battery Back up to keep power costs low. There a simply so many features that the property warrants inspection to see them all.
With more than 700m2 under roof on more than a quarter acre just a short distance to the CBD, Hinkler Place and hospital precinct, this package ticks all the boxes. Call Exclusive Listing Agent Greg McMahon on 0414 518 315