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Burgess Rawson - Melbourne

TerryWhite Chemmart, 128 Bourbong Street Bundaberg Central, QLD 4670

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TerryWhite Chemmart, 128 Bourbong Street,
Bundaberg Central, QLD 4670

Medical & Consulting • Shops & Retail • Offices

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Burgess Rawson - Melbourne
Raoul Holderhead
Justin Kramersh

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
TerryWhite Chemmart, 128 Bourbong Street
Bundaberg Central, QLD 4670

Map of TerryWhite Chemmart, 128 Bourbong Street

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7 Year Lease to TerryWhite Chemmart | Attractive 3.5% Rent Increases

  • 7 year lease to leading pharmacy
  • Attractive 3.5% rent increases
  • Central 349sqm* CBD site
Burgess Rawson is pleased to present to the market 128 Bourbong Street, Bundaberg QLD for sale by Private Treaty

The property has the following investment highlights:

+ Seven (7) year lease to TerryWhite Chemmart to 2029 plus two (2) further seven (7) year options
+ TerryWhite Chemmart: part of ASX EBOS Group, Australia's largest pharmacy chain with 550+ stores with a market cap of $5.77 billion*
+ Landlord favourable net lease terms with the tenant responsible for usual outgoings as per the lease
+ Attractive 3.5% annual rent increases
+ Central 349sqm* CBD site, positioned amongst Westpac, NAB and McDonald's and in close proximity to Hinkler Central anchored by Coles, Woolworths, Kmart plus 60+ specialty stores
+ 227sqm* premises with substantial tenant funded upgrades proposed including dispensary robot
+ Single tenant, minimum management investment
+ Bundaberg Regional Council: thriving regional Queensland city with a trade catchment of circa 104,166**
+ Rent: $65,863 pa* + GST (current)
+ Rent: $68,168 pa* + GST (Sept 2024)

For Sale by Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property ID: 504636840Last Updated: 19 Dec 2024

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Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000

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