314 Bourbong Street BUNDABERG WEST QLD 4670
$945,000

DESCRIPTION

Looking for a place of business or that perfect building you could adapted to a particular profession and that could also house the family, then this grand old lady has the location, presence and size. The home was built in 1894 by Robert Cran who emigrated from Scotland and moved to Bundaberg to set up Millaquin Sugar Refinery in 1882. Extensive renovations have been authentically carried out over time with Bronwyn Innes a Local Architect playing a big part of this signature project.

The property is in the medical precinct of Bundaberg, on a 1660m2 corner block. It has a four bay garage facing Hope Street with additional parking for 4 cars, great advantage for a buyer who has to provide car parks for staff.
Heritage listed it has all the prestige characteristics the durable and longevity of a prominently well-built home; attributes you would want to have in your place of business. Future repairs on the property can be covered with grants of up to $50000 from Heritage and Environmental Grants (State Government)

The style and design of this timber home reflects the wealth and standing of the family that built this home with a special feature ballroom which hosted many local balls. This north-facing part of the home has French doors, enclosed verandah, original hoop pine floors, red cedar joinery, high ceilings, two working fireplaces, pool and four car garage.
An authentic extension on the western side of the building served as an Accountancy Practice with entry reception, main office and consulting room, the current design of the home could allow you further rooms off this space for a larger business with a number of partners such as a doctor's or solicitor's practice with 8 bitumen car parks plus room for an additional 10 spaces if needed.

The home totals 462sqm (*approx.) a corner position covering 1,662m2 of prime real estate in a location of significant development potential unprecedented anywhere else in Bundaberg, surrounded by Hospitals, Specialist Medical practices, radiology, Photo imaginings, chemists and high vehicle exposure with lots of off street parking.
If you are concerned about the price a property across the road a 2023SQM two story medical center with underground car parking just sold 20/01/2014 for $8,300,000 and the owner has said that with a heritage listing you can apply for access to government funding to assist you with the maintenance of the property.

Occupancy of the property can be commercial and or residential and in a previous period was used as an accounting practice. If used for business, there is available around $250000 in building write off for income tax purposes. Currently, Bundaberg Regional Council welcomes buyers to take advantage of a development application for businesses such as medical, marketing or administration.

All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.