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The Central Precinct Bundaberg

9–11 Quay Street, Bundaberg, QLD

Fixed Rent Returns

Construction Status

Pre-Construction

Property type

Apartments

Units

120

High-Demand Riverside Apartments

1–3 Bedroom Layouts

Bundaberg Central Plaza forms part of The Central Precinct, a large, staged riverside redevelopment positioned along Quay Street overlooking the Burnett River. The project delivers a mix of 1-, 2- and 3-bedroom serviced apartments, premium amenities, and hotel-style facilities integrated across three mid-rise buildings. Designed to operate as a modern hotel and extended-stay accommodation offering, the precinct blends residential comfort with short-stay functionality to serve Bundaberg’s growing tourism, corporate and relocation markets.

According to the latest project brief, the development will include 120 apartments across two primary towers, to be delivered in three stages, with Building C accommodating larger 3-bed and penthouse product subject to market analysis.

Architect:

Interworks Architects

Total Units:

120 apartments across two main towers, delivered over three stages.

Car Parking:

126 secure basement car parks
(80–90 spaces delivered in Stage 2, with additional spaces delivered in Stage 3).


Building Features

  • Three architecturally designed mid-rise buildings (8–9 levels)

  • Premium porte-cochère-style arrival zone

  • Indoor & outdoor restaurants and café options

  • Plaza-style courtyard between buildings

  • Outdoor pool overlooking the Burnett River

  • Fitness centre & wellness / day-spa facilities

  • Conference centre, function room and business lounge

  • Housekeeping services and hotel-style reception/lobby

  • Dedicated laundry services

  • Secure basement parking with lift access

  • Riverfront orientation with elevated views

  • Designed for high standards of sustainability, accessibility and energy performance


Apartment Design

  • 1-bedroom, 2-bedroom & 3-bedroom/penthouse options in Building C (subject to Stage 3 market analysis)

  • Mix of short-stay and extended-stay layouts

  • Large balconies with river, CBD, or landscaped outlooks

  • Modern layouts to support both hotel operation and longer stays

  • High natural light, ventilation and efficient planning

  • Suitable for short-stay accommodation, corporate travellers, long-stay guests and relocation markets

Short-Stay & Corporate Guests

  • Business travellers servicing Bundaberg’s corporate and public-sector activity

  • Tourism visitors, conferences and event attendees

  • Digital nomads and short-stay professionals

  • FIFO/DIDO workers from regional industries

  • Travellers benefiting from proximity to the CBD, hospital, airport and train station

Long-Stay & Relocation Guests

  • Medical workers, educators and government staff

  • Professionals relocating to Bundaberg and seeking interim accommodation

  • Families requiring 2- or 3-bedroom options

  • Guests seeking walkability, comfort and amenities for extended visits

Investors

  • Investors seeking exposure to Bundaberg’s increasing tourism and short-stay demand

  • Buyers targeting serviced-apartment models with strong occupancy potential

  • Investors interested in branded accommodation with hotel-style management

  • Long-term capital growth potential supported by regional population and economic expansion

Owner-Occupiers (select larger units)

  • Local downsizers seeking riverfront living with access to hotel amenities

  • Professionals or business owners seeking walkable CBD convenience

  • Residents wanting high-amenity, low-maintenance living

Situated at 9–11 Quay Street (corner of Targo Street), the development sits directly on the Burnett River and one street from the Bundaberg CBD. The location offers immediate pedestrian access to shopping, government services, medical facilities, transport connections and the riverfront walkway.

Lifestyle Benefits

  • Riverfront walking and cycling paths

  • Cafés, dining and retail within short walking distance

  • Minutes to Bundaberg Hospital, train station and airport

  • Close to Botanic Gardens, coastal attractions and Mon Repos

  • Easy access to highways, bridges and regional transport links

Local Growth Drivers

  • Strong regional investment into tourism, health and education

  • Rapidly growing visitor numbers (292,100 in 2022 → forecast 802,000 by 2032)

  • Room demand forecast doubling from 458 rooms to 1,600 by 2032

  • Supports diverse demand segments including corporate, sporting, cultural and leisure travellers

Development Snapshot

  • Project Name: Bundaberg Central Plaza – The Central Precinct

  • Address: 9–11 Quay Street, Bundaberg QLD

  • Units: 120 total apartments

  • Buildings: 3 buildings (delivered in 3 stages)

  • Car Parking: 126 basement carparks

  • Site Area: 3,760 m²

  • Zoning: CBD Mixed Use

  • Amenity Offering: outdoor pool, fitness centre, day spa, business lounge, restaurants, café, conference centre

Key Value Points

  • Short-stay hotel + serviced apartment model aligned with Bundaberg demand trends

  • High-demand CBD fringe location with strong year-round visitation

  • Strong rental return potential driven by tourism, corporate and health-sector demand

  • Undersupplied market for branded 4-star hotel and serviced accommodation

  • Located along a formalised riverwalk corridor with future civic improvements

  • Backed by regional government investment attraction initiatives

  • Staged development supports scalable delivery and reduced operational risk

Bundaberg is one of Queensland’s fastest-growing regional centres, supported by expanding tourism, agriculture, manufacturing, healthcare and education sectors. The Central Precinct leverages this growth by delivering modern hotel-style accommodation with flexible room mixes and premium amenities, positioned on a rare riverfront CBD site.

Key Investment Drivers

  • Flexible mix of 1-, 2- and 3-bedroom serviced apartments to meet diverse guest demand

  • Short-stay and extended-stay accommodation supporting tourism and corporate growth

  • 4-star positioning with hotel-style services and amenities

  • Architect-designed buildings meeting sustainability and performance objectives

  • Proximity to Bundaberg CBD, transport, medical facilities and attractions

  • Strong medium-term demand forecast for new hotel supply

  • Regionally affordable entry pricing compared to SEQ and metropolitan markets

  • Long-term capital growth potential driven by limited new supply and civic upgrades