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121 Bourbong Street, Bundaberg Central, Qld 4670

121 Bourbong Street, Bundaberg Central, Qld 4670

Retail

  • Sold Contact Agent
  • Tue 08-Dec-20

Extended 4 Year Lease + Option to 2028 8% Return Available

  • Just extended lease to 2024
  • 8% anticipated yield
  • Prime CBD location

  • Land Area
  • 1333.00 m² (approx)
  • Floor Area
  • 1,650 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 05, 2021

Additional Details


Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Michael Gilbert, Burgess Rawson - Sydney
Michael Gilbert
Burgess Rawson - Brisbane

Level 27, 480 Queen Street

Brisbane City Qld 4000

Glenn Conridge, Burgess Rawson - Brisbane
Glenn Conridge

Extended 4 Year Lease + Option to 2028 8% Return Available

Strategic 1,333 sqm CBD land parcel
1,650 sqm building with rare 26.6m frontage to Bundaberg’s most important commercial street
Close to Westpac, Priceline and other national brand names
Bundaberg: coastal city with over 100,000 population at the south of the Great Barrier Reef
Rivers: occupied site for 10+ years
Easily managed single tenant investment

Rare 4% annual increases (predicted net income $253,959 in 2023)
Mosaic Brands: over 1,350 stores nationwide across 9 premium brands
High profile ASX listed group with over $860m in annual revenues
Net Income: $225,094 pa + GST

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

For Sale by Investment Portfolio Auction
Tuesday 8 December 2020 at 11am
Yallamundi Rooms, Sydney Opera House

121 Bourbong Street, Bundaberg Central, Qld 4670

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