Set one block back from the Friendly Society Private Hospital and a level stroll to the train station, CBD and the footbridge to Hinkler Central, 45 Electra Street is a genuine land-bank opportunity in Bundaberg's tightly held Residential B zone (medium-high density). The 1,012 m2 lot measures about 20 m wide by 50 m deep, is clear of easements except for a single sewer main that angles through the mid-section, and sits among established unit complexes and medical suites-an ideal canvas for townhouses, apartments or healthcare accommodation (STCA).
While you finalise plans, an original high-set Queenslander-currently leased at $500 pw until 25 September 2025-delivers holding income. The home is tired but serviceable, offering a huge central living area, basic galley kitchen and 6 small bedrooms plus a larger main, making it suitable for budget rentals or staff housing until redevelopment begins.
Development-grade land with income this close to the city seldom surfaces. Contact us today for the IM and to walk the site at 45 Electra Street-secure your next project before the market catches on.
1,012 m2 Residential B allotment (a20 m x 50 m) in the CBD-Hospital precinct
Medium-high density zoning: townhouse, unit or medical project potential (STCA)
Single sewer main on slight diagonal; otherwise a clear, level building site
Walk 250 m* to Friendly Society Hospital, 600 m* to rail station, 900 m* to CBD; footbridge nearby for easy access to Hinkler Central
Existing high-set Queenslander: 7 bedrooms, large lounge with fretwork, basic kitchen, 11/2 bathrooms, laundry underneath
Under-house parking for 2 vehicles; fully fenced 1,012 m2 yard
Returning $500 pw; lease in place to 25 Sep 2025-income while DA is pursued
Rare "buy now, develop later" holding in a proven rental and medical corridor
Information Memorandum, sewer plan and building & pest report available on request
Distances approximate
