Added 4 days ago
IGA Childers, 112 & 114-120 Churchill Street,
Childers, QLD 4660
Shops & Retail • Offices • Medical & Consulting
Added 4 days ago
Price information
Sale
$4,900,000
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$343,314
Number of Tenants
2 Tenants
Private inspections
to arrange a private inspection.
RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
IGA Childers, 112 & 114-120 Churchill Street
Childers, QLD 4660
Map
7% IGA Anchored Investment | 8+ Year WALE
RWC Retail are proud to present IGA Childers for sale at $4,900,000 (7.00%).
|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 $343,314 + 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.
|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 $343,314 + 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.
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Additional information
External websites
Property ID: 504694916Last Updated: 25 Sep 2024
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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