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13 Tantitha Street, BUNDABERG CENTRAL QLD, 4670

For Sale

Property for Sale in 13 Tantitha Street, BUNDABERG CENTRAL QLD, 4670

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001

Listing ID:
11378208
Status:
Active
For:
Sale
Price:
$5.25 million
Last Updated:
27/05/2020
Icon building

Property Type

Retail/Offices/Showrooms/Bulky Goods
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Land Area

5539 SQM
Icon size

Floor Area

5762 SQM
Icon parking

Parking

N/A

Bundaberg Central Shopping Centre For Sale - High Yielding Investment

*Bundaberg Central has a ROE in excess of 16%
*Target renewed in 2019 for 5 years - a rental commitment of $2 million to show they are serious
*Wesfarmers confirmed that this store will continue to trade
*Heart of Bundaberg's CBD
*Flood free
*Site Area: 5,539 sqm* - Unimproved Land Value - $1.95 million
*Gross Floor Area: 5,762 sqm* - up to $11 million to replace the Building
*WALE: 3.5 years approx
*80% underwritten by Target
*Average Gross rental rate across the entire floor area just $111 p/m²
*Multiple opportunities to generate substantial income growth.

For a copy of the Information Memorandum or a copy of the contract, please contact Stephen or Elliot today.

Retail Lease / Retail Shopping Centre / Shop / Queensland / SEQ / Commercial / High Yield / ASX Listed Tenant / Rockhampton / Bundaberg / Gympie / Maryborough / Gladstone / Hervey Bay / Brisbane / Gold Coast / Strip Retail / Food / Services

For more details, please email agent

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001


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