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5 Rae Street,
Bundaberg North

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Set on a fully fenced 1,012m2 block in North Bundaberg, 5 Rae Street is a genuine opportunity for the buyer ready to do the work - a Queenslander cottage that needs a renovation to bring it back to comfort, carrying real character beneath the work it needs. The block is the real prize: 20m wide and 50m deep with plenty of side access, there's scope to renovate and add value now, then capitalise on the land down the track with room to add a second dwelling (STCA).

It's a practical, well-connected spot. The home sits flood-free - untouched in the 2013 floods - with Mount Perry Road at hand, taking you directly into the Bundaberg CBD in around 5 minutes across the river, or north towards Moore Park Beach. North Bundaberg State School and the high school are within walking distance, the Northside IGA complex - with doctors, a vet and everyday shopping - is only a few minutes away, and the long, established yard gives you room to work with from day one.

Step inside and discover:

A renovation project with genuine equity to be made - a character cottage priced to reflect the work ahead
VJ walls through the main living area, carrying genuine period character
A small sunroom at the front door leading into the main living area, with a flexible adjoining space that suits a home office or second lounge
Dining room directly off the kitchen, and a good-sized bedroom off the kitchen with 3 windows drawing in plenty of natural light
A second living area downstairs connecting to the bathroom and laundry, with the laundry opening to a separate toilet and out to the yard Step outside to the block:
A fully fenced 1,012m2 allotment - 20m wide and 50m deep - the true standout, with plenty of side access and room to add a second dwelling (STCA)
A long, deep yard with established gardens, plus an old shed and rotunda to the rear
Flood-free position, untouched in the 2013 floods
Direct access onto Mount Perry Road - around 5 minutes into the CBD, or north toward Moore Park Beach
Walking distance to North Bundaberg State School and high school, with Northside IGA, doctors, vet and shopping only minutes away
Vacant and ready for the new owner to start work A character cottage ready to transform on a flexible block with genuine long-term upside, 5 Rae Street is an honest entry point for the builder, renovator or investor - or the buyer looking to break into the market at a sharp price and build equity through the work. Arrange your inspection today and see the potential for yourself.