Freehold CBD Shops – Circa 8% Yield
21-23 Bourbong Street, Bundaberg Central QLD
Property Highlights
Description
– Prime main street position in the heart of the Bundaberg Retail centre of town
– Freehold retail complex comprising 6 shops
– Established tenants include Freedom Cycles & Sports, Luxury Paints,
Express Print & Mail (EPM), takeaway food and Williamson’s Fine Meats
– Substantial 2,070 sqm site with on-site parking and garaging
– Over 40 metre frontage to Bourbong Street with rear access from Quay Street
– Building area 1,149 sqm (plus 126 sqm shed)
– Solid brick and concrete block construction with recently upgraded shopfronts
– Bundaberg: Sugar Capital of Australia only 4 hours drive or a 45 minute flight north of Brisbane with a population of over 70,000 people
– Fully Leased Net Income $161,004 p.a. (plus GST)
Expressions of Interest
Closing 4pm (AEDT) – Thursday 21 January 2021
Property Details