23 Fairymead Road, Bundaberg North, QLD, 4670, Australia

Welcome to this charismatic Queenslander that offers the best of both worlds - an ideal family home and an excellent investment opportunity. Located in the family-friendly area of Bundaberg North, this property is brimming with potential and convenience. This property is flood free and was not affected by the floods in 2013.

Currently rented to outstanding tenants, this home provides a secure rental income stream. The tenants have committed to a long-term lease agreement, ensuring stability and peace of mind for investors. With the lease locked in for 2 years until June 2025, you can enjoy consistent returns. The tenants are paying $450.00 per week for the first 12 months, making it a lucrative investment right from the start.

Situated on a generous 809sqm block, this property offers versatility and room for future development. Whether you choose to retain it as a rental property after the 2 year lease or move in yourself, or explore further options, the ample land size allows for exciting possibilities.

Step inside to discover the charm and character of this Queenslander. The home features three good-sized bedrooms, providing ample space for a growing family or accommodating tenants, plus an upstairs laundry. The well-appointed bathroom caters to the needs of all occupants, plus an extra toilet downstairs. With two car spaces available & 2 driveways, parking is never a concern. The beautiful timber stained flooring and high ceilings create a warm and inviting atmosphere. The recently renovated bathroom adds a touch of modernity, while the back deck provides a breezy and relaxing spot to unwind or entertain.

In addition to its investment potential, this home is perfect for families. With schools, day-care facilities, and shops within walking distance, it offers the utmost convenience. Parents can rest easy knowing that everything they need is within reach.

Don't miss out on this incredible opportunity to own a charming Queenslander in Bundaberg North. Whether you're a first-time buyer or an experienced investor, this flood-free home is a wise choice. Take advantage of the rental income, the sizeable block, and the endless possibilities it presents.

Land Size: 809m2
Rates: $1600.00 per half year including water consumption
Rental Return: 2 year lease till June 2025, returning $450.00 per week for 12 months until June 2024, rental review after 12 months

This property has been reduced for a quick sale, sellers want it SOLD. Great price with a great rental return!

If you would like to find out more information, please contact Exclusive Licensed Real Estate Agent | Auctioneer Barbara Burstall from Local Realty Group in Bundaberg/Bargara on 0423 182 450 or feel free to email barb@localrg.com.au or text.

Disclaimer: Local Realty Group have been provided with the above information; however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Local Realty Group also provides Property Management in the region, feel free to contact Barbara for more information.

Call us today to arrange an inspection and discover why this property is the perfect family home and investment opportunity rolled into one!