Share this property

realcommercial.com.au
RWC Retail

IGA Childers, 112 & 114-120 Churchill Street Childers, QLD 4660

IGA Childers, 112 & 114-120 Churchill Street,
Childers, QLD 4660

Shops & Retail • Offices • Medical & Consulting

Price information

Sale

$4,700,000

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$357,220
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.
RWC Retail
Lachlan O'Keeffe
Michael Feltoe

RWC Retail

level 26/111 Eagle Street
BRISBANE CITY, QLD 4000
RWC Retail
IGA Childers, 112 & 114-120 Churchill Street
Childers, QLD 4660

Map

Directions

7.60% IGA Anchored Investment | 8+ Year WALE

RWC Retail are proud to present IGA Childers for sale at $4,700,000 (7.60%).

|What|
• Fully leased 1,047sqm* convenience-based retail investment
• Low maintenance investment with just two tenants
• Anchored by an IGA Supermarket to 2033, with options to 2053
• Long 8.16 Year WALE
• 20 on-site parking bays
• Net Income of $357,220 + GST p.a.

|Where|
• High-profile 2,168sqm* corner land parcel with three-street frontage
• 41m* of frontage along the Bruce Highway (A1), Australia's national highway
• Located in the broader Bundaberg & Hervey Bay region, 4 hours drive North of Brisbane
• Situated along the popular Childers main strip, just 200m* from a McDonald's and surrounded by numerous hotels and cafes

|Why|
• Both tenants are on CPI annual rent reviews, providing the incoming purchaser with a reliable hedge against inflation.
• Both tenants directly responsible for the majority of outgoings.
• A proven trading tenancy mix, with the combination of a supermarket and the Childers Butchery operating together for over 20 years.

Explore property virtually

If you'd like to inspect this property in person, please to arrange a private inspection.

Additional information

Property ID: 504694916Last Updated: 12 Nov 2024

RWC Retail
level 26/111 Eagle Street
BRISBANE CITY, QLD 4000

Make an enquiry

What's your enquiry about?

Enter your details