Burgess Rawson is pleased to present to the market 128 Bourbong Street, Bundaberg QLD for sale by Private Treaty

The property has the following investment highlights:

+ Seven (7) year lease to TerryWhite Chemmart to 2029 plus two (2) further seven (7) year options
+ TerryWhite Chemmart: part of ASX EBOS Group, Australia’s largest pharmacy chain with 550+ stores with a market cap of $5.77 billion*
+ Landlord favourable net lease terms with the tenant responsible for usual outgoings as per the lease
+ Attractive 3.5% annual rent increases
+ Central 349sqm* CBD site, positioned amongst Westpac, NAB and McDonald’s and in close proximity to Hinkler Central anchored by Coles, Woolworths, Kmart plus 60+ specialty stores
+ 227sqm* premises with substantial tenant funded upgrades proposed including dispensary robot
+ Single tenant, minimum management investment
+ Bundaberg Regional Council: thriving regional Queensland city with a trade catchment of circa 104,166**
+ Rent: $65,863 pa* + GST (current)
+ Rent: $68,168 pa* + GST (Sept 2024)

For Sale by Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.