Rare Dual- Income Opportunity in Bundaberg's Most Iconic Street

109A Woongarra Street, Bundaberg West QLD 4670

Offers Over $690,000
4Bedrooms
2Bathrooms
2Carspace

Nestled along one of Bundaberg's most admired and historically significant streets, this exceptional duplex presents a rare opportunity to secure a property in a truly irreplaceable location.

Woongarra Street is celebrated for its picturesque avenue of weeping fig trees, believed to be over 100 years old and heritage listed for their beauty, longevity and importance to the community. Homes in this tightly held street are rarely offered for sale, and this property has only ever had two owners in its lifetime, with no body corporate to worry about.

Positioned on a generous 809m² flat block, the duplex offers a practical combination of space, convenience, and low-maintenance living. The property is fenced on three sides with a mix of Colorbond and timber perimeter fencing, providing privacy and a sense of security for both units. The block also allows you to drive down the side of the property, offering easy access and additional parking in the backyard, a practical benefit for both tenants and visitors. Each unit has its own individual electricity meter, while the water supply is shared.

The property also features a termite barrier installed around the property, which is inspected every 12 months. The current owners have continued these annual checks, providing peace of mind and ongoing protection.

Surrounded by heritage listed Queenslanders, the home blends seamlessly into a streetscape that is rich with character, while the iconic fig trees lining Woongarra Street provide a sense of history and timeless beauty.

Unit 1
- Rental Appraisal: Currently achieving $450 to $480 per week, with the ability to increase rent immediately when re-tenanted
- Parking: Open carport with internal access from the carport into the home for added convenience and security
- Bedrooms: 2 spacious bedrooms, both with built-in robes and ceiling fans
- Living: Air-conditioned lounge room + ceiling fans
- Kitchen: Good-sized large kitchen with full length cabinetry, single sink, and freestanding four burner cooktop
- Bathroom: Full size bathroom with updated vanity + separate toilet
- Laundry: Large internal laundry with external access, and convenient access to your carport/parking area
- Security: Security screens on all doors and windows

Unit 2
- Current Tenancy: Tenant in place since October 2019
- Current Lease Term: 28/05/2025 to 02/06/2026
- Current Rent: $330 per week
- Rental Adjustment: Next rental increase available 02/06/2026, with a market estimate of $480 to $500 per week
- Parking: Lockable single bay car garage (manual) with internal access from the garage into the home for added convenience and security
- Flooring: Timber-look lino flooring throughout the entire home, including bedrooms
- Accessibility: Wheelchair ramp
- Bedrooms: 2 spacious bedrooms, both with built-in robes and ceiling fans
- Living: Air-conditioned lounge room + ceiling fan
- Kitchen: Good sized large kitchen with full length cabinetry, single sink, and freestanding four-burner cooktop
- Bathroom: Full size bathroom with updated vanity + separate toilet
- Laundry: Large internal laundry with external access, and convenient access to your garage/parking area
- Security: Security screens on all doors and windows

Constructed with a hardwood frame, this solid and enduring property is a testament to the quality of yesteryear, they truly don't build duplexes like this anymore. While the interiors are largely original, they are neat, functional, and packed with potential. Both units present opportunities for thoughtful modernisation or upgrades, allowing the next owner to enhance rental returns and personalise the spaces to taste.

This duplex is also a standout investment. Its location, structure, and income potential combine to create a rare offering. The current rental income provides strong, immediate returns, with room to increase, while its proximity to hospitals, medical precincts, parks, cafes, and transport ensures long-term demand.

Whether adding to a growing investment portfolio or seeking a reliable live-in plus invest opportunity, this property offers a unique blend of character, location, and enduring value, a home that is as practical as it is iconic.

Next inspections

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Key details
Land size (approx.) 809 m2

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