249 Goodwood Road, Thabeban, Qld 4670

Two free-standing 4-bed, 3-bath, 2-car homes on separate strata titles. House-and-land structure (not off-the-plan). Fixed-price build by Masterbuilt Homes. 9-month construction.

Secure a brand-new, strata-titled duplex in the immediate catchment of Bundaberg's new $1.2 billion Regional Hospital currently under construction on a 60,000 sqm greenfield site just 2.5 km away.

This project delivers three standout investor advantages from day one:
~$155,000 equity uplift on strata titling
~$65,000 stamp-duty saving versus a completed-property purchase (duty payable on the $360k land contract only)
~5.7% to 6.0% gross rental yield

Acquisition structure: two-part house-and-land package - $360,000 land contract + $1,134,877 fixed-price build contract (inclusive of strata titling, headworks and infrastructure costs). Title to the land transfers on settlement; construction is funded via standard progress draws over a 9-month build.

Each dwelling is a generous 221 sqm (197 sqm internal + 24 sqm covered alfresco) 4-bedroom, 3-bathroom, 2-car home finished to a premium standard well above local comparables: 2,550 mm ceilings, Alpha Zero stone benchtops, Beko Commercial appliances, walk-in pantry, two walk-in robes, two ensuites, split-system air conditioning, and exposed-aggregate driveways.
The floor plan has been deliberately designed with wheelchair-accessible features (wider doorways/hallways, step-free ensuites, accessible main bathroom) - expanding tenancy options without limiting mainstream appeal.

Strong location fundamentals
Thabeban is an established residential suburb on Goodwood Road with excellent access to Bundaberg CBD (4 km), Thabeban State School (300 m), and local shops (600 m). The new hospital will generate significant demand across both construction phase (2,887 jobs) and operational phase (expanded medical workforce, patients, and visiting families). This supports multiple tenancy strategies: long-term rental, short-stay/Airbnb, NDIS SIL/STA via providers, and hospital-related rehabilitation accommodation.

Why this opportunity stands out
We are releasing this project to an investor at a price that builds in substantial equity and a material stamp-duty advantage. The independent Opteon valuation and two rental appraisals confirm strong fundamentals from the moment strata titles issue.

Tenancy strategies open on day one
Long-term leases: $820 to $875 per week per dwelling (two independent appraisals)
Short-stay / Airbnb (hospital workforce + regional tourism)
NDIS SIL / STA via registered providers (accessible design advantage)
Hospital-rehabilitation medium-stay
Split strategy (one long-term, one higher-yield)

Builder: Masterbuilt Homes - established Bundaberg builder with 45+ years combined experience. Fixed-price contract includes all strata titling, headworks, and infrastructure.

Key Features
2.5 km from new $1.2 billion Bundaberg Regional Hospital - major demand driver
~$155K equity uplift + ~$65K stamp duty saving
Two free-standing 4-bed, 3-bath, 2-car homes on separate strata titles
Premium finishes: 2,550 mm ceilings, stone benchtops, Beko appliances, walk-in pantry, two ensuites + two walk-in robes per dwelling
Wheelchair-accessible design (wider doorways, step-free ensuite, accessible bathroom)
House-and-land package (NOT off-the-plan) - land title on settlement, 9-month build
Combined as-if-complete valuation: $1,650,000 (Opteon valuation on Unit 2 - $835,000, Aspire internal valuation on Unit 1 identical spec adjusted for proximity to road - $815,000)
Projected gross rental: $1,640 to $1,750 per week (~5.7-6.0% yield)
Low Density Residential zoning, fully serviced site

Full Investment Memorandum, Opteon Valuation Report (22 April 2026), rental appraisals, builder specifications, architectural plans, and detailed financial projections are available immediately to qualified buyers and their representatives.

Contact Luke Forman
Aspire Housing Group
0421 666 555 | [email protected]