14 Cunnington Street, Bundaberg East QLD 4670
14 Cunnington Street, Bundaberg East QLD 4670
tenanted brick duplex | 735 mยฒ lot | $900 weekly income | leases to 2027
This is a rare and compelling opportunity for an income-focused buyer, as a tenanted brick duplex on a generous 735 mยฒ lot in Bundaberg East. The property is configured for two separate tenancies, each with long-term leases extending to 2026 and 2027, providing stable, predictable cash flow from day one. The combined rent of $900 per week signals strong rental demand in the area, and the brick construction offers durability with lower maintenance expectations. The lot size is above average for duplex stock, which may support future redevelopment or subdivision potential, though that is not confirmed. This property serves best an investor seeking a hands-off, income-producing holding with minimal vacancy risk.
The value of this property may be influenced by the fixed lease terms, which could limit immediate flexibility for an owner-occupier or for those wanting to renovate or occupy one unit. The building age and internal finishes are not detailed, so a buyer should verify condition and any deferred maintenance. The rental yield is attractive but should be validated against actual outgoings, including council rates, insurance, and management fees. The long lease expiries might also cap short-term capital growth if market rents rise, as adjustments cannot occur until leases end. A buyer should weigh these factors when forming a view on price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 14 Cunnington Street, Bundaberg East QLD 4670
Market Insight:
This suburb presents a compelling entry point into a region experiencing substantial buyer and rental demand. Market activity is robust, with houses transacting swiftly, indicating a competitive environment. Recent price appreciation has been strong, supported by this high demand against a backdrop of limited available supply. Future growth is anticipated to be further stimulated by broader economic factors, including forecasted interest rate reductions, which are expected to intensify buyer competition. The primary constraint remains the current inventory level, which may challenge affordability as demand continues to outpace new listings.