On behalf of the Seller, Richardson and Wrench Commercial is pleased to present for sale, 323A Bourbong Street, Millbank, Bundaberg Queensland. The price has been set to attract immediate attention to this exceptional project by seeking best offers over $1,250,000.
An initial concept study has been undertaken by Steele Associates Architecture for a combination of a mixed use Residential Village and Commercial development (subject to council approval). Detailed plans outlining the work are contained in the information memorandum.
The 16,700 m2 site had previously been approved for a 16 lot subdivision, however, given its prime location and the pent up demand for retirement accommodation, the current development proposal would be of far greater benefit to the local community, with corresponding rewards for its stakeholders.

andbull;Material change of use subject to council approval, for mixed use development of residential B apartments (retirement focused), together with commercial area local shopping/ medical consulting rooms.
andbull;City precincts area with bus stop at door and located only minutes drive to the central business district.
andbull;Adjoining Blue Care aged support and within walking distance to the Mater and Bundaberg Base Hospitals.
andbull;Previously approved by Bundaberg Council for a residential subdivision.
andbull;Views to the city districts and Burnett River.

The seller is looking to negotiate terms with the buyer and may consider equity towards a joint venture proposal.
For more details on this property and a copy of the information memorandum, please contact Warwick Peters at RandW Caboolture Commercial.