Entry-Level Retail Centre | 100% Occupied Brand-New Leases Across All Tenants
Description
Burgess Rawson is pleased to offer to market the Retail Centre located at 47 Bourbong Street, Bundaberg QLD 4670 for sale via Burgess Rawson Investment Portfolio Auction 177.
The opportunity has the following key investment highlights:
+ Anchored by a brand new five (5) year lease to Tackle World with one (1) five (5) year option to 2035
+ Tackle World: network of over 40 independently owned and operated locations across the country. The Tackle World brand also covers the largest geographical spread of any fishing retailer in Australia
+ Supported by new three (3) year leases to complementary allied health & beauty retailers
+ Mixture of CPI & fixed 3% annual reviews across all leases, ensuring consistent rental growth
+ Fully leased investment with attractive 4.20 year WALE to long-term tenants
+ Prominently positioned 2,019sqm* CBD site improved with a significant 1,474sqm* NLA double-storey retail centre with an additional 346.5sqm* of mezzanine
+ Dominant dual street frontage to Bourbong Street & Quay Street and exposed to over 20,000 vehicles per day*
+ Strategically located opposite Target and within 700m* of Hinkler Central shopping centre, anchored by Woolworths, Kmart & 60 specialty stores
+ Bundaberg: booming regional city with a gross regional product of $5.62 billion and population forecast to increase 45% to 148,000 by 2041**
+ Net Income: $132,800 pa* + GST
For Sale via Investment Portfolio Auction 177
10:30am AEST Thursday 26 June 2025
The Westin, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Enquire
Contact agents

Josh Scapolan Senior Sales Executive
0484 229 829
Fin Hume Sales Executive
0488 008 975Enquiry Form
Bundaberg Central, QLD
47 Bourbong Street
For Sale by Portfolio Auction
This property is part of Portfolio 177
Price: Contact Agent
Contact agents
-
Josh Scapolan Senior Sales Executive
0484 229 829 -
Fin Hume Sales Executive
0488 008 975