Prominent Freehold Retail Centre on Major High Street | 3-5 Year Leases Across All Tenants
Description
CBRE from CBRE is pleased to offer to the market 91-101 Bourbong Street, Bundaberg Central QLD 4670, for sale via Expressions of Interest closing 3pm AEST Wednesday 24 September 2025.
The property has the following investment highlights:
+ Rare opportunity to acquire a substantial retail centre on a corner landholding with direct frontage to the main thoroughfare of Bundaberg CBD
+ Anchored by a new five (5) year lease to Dymocks Bookstore to 2029, plus one (1) further five (5) year option to 2034
+ Dymocks: One of Australia’s largest and leading bookselling chains, with 50 locations* and proudly Australian-owned
+ Supported by five (5) year leases + options to Ensoku Restaurant & Café, NiNa Nails & Beauty, Oasis Café and a three (3) year lease to Impressions Lingerie
+ Mixture of CPI & fixed 3% annual reviews across all leases, ensuring consistent rental growth
+ Prime 1,002sqm* corner landholding improved with a significant 919sqm* NLA double-storey building with dual access from both Targo Street and Bourbong Street (20,000+ vehicles passing daily*)
+ Favourable ‘Principal Centre’ zoning allowing for a multitude of future development outcomes (STCA)
+ Strategically located on Bundaberg’s major retail and commercial high street & only 1km* from Hinkler Central Shopping Centre, anchored by major national retailers Woolworths, Kmart, Coles & 60 specialty stores
+ The property benefits from a strong local demographic, with 36,783 residents* and 15,406 dwellings* within a 3km* radius. The area has also experienced a significant 26% increase in median housing prices, further supporting the value of the asset
+ Located in an area of significant growth, with housing prices surging by an impressive 94% from 2021 to 2025, with the median house price reaching $505,000
+ Bundaberg: booming regional city with a gross regional product of $5.62 billion and population forecast to increase 45% to 148,000 by 2041
+ Estimated Net Income: $193,766 pa* + GST
For Sale via Expressions of Interest
Closing 3pm (AEST) Wednesday 24 September 2025
Please contact the exclusively appointed sales team for more information.
*Approx.
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Contact agents
Josh Scapolan Associate Director
0484 229 829
Fin Hume Negotiator
0488 008 975Enquiry Form
Bundaberg Central, QLD
91-101 Bourbong Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179
Contact agents
-
Josh Scapolan Associate Director
0484 229 829 -
Fin Hume Negotiator
0488 008 975