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Address available on request Biggenden, QLD 4621

Address available on request,
Biggenden, QLD 4621

Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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$275,000

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Fully occupied, dual title with long lease to existing ten year old business

  • Dual title
  • Fully tenanted to long term business
  • Great ROI
Fully leased, two titled property on main street of Biggenden.

If you love occupied buildings then you will love this property in beautiful Biggenden. There are two titles secured by the current retail hardware tenant who is signed to a new three year lease with a three year option. The return on investment (ROI) is a whopping 7.7%. Do you need to know anything more?

Biggenden is a Qld country town on the outskirts of Bundaberg and is just west of the popular Childers. It boasts the benefits of a quiet country lifestyle while still being close enough to busy Childers and Bundaberg. There is a country feel with cattle properties being popular and it has some large processing industries within it’s realm. Biggenden is very beautiful due to being located near the popular tourist locations of Ban Ban Springs and the nearby hills that have the amazing Coalstoun Lakes.

The town has had some good property money invested in it recently with many freshened and updated houses showing that this is an area of growth. Some of the main commercial properties have also sold within the last 12 months to further keep your investment vibrant.

The building itself is immense. The smaller title is at the back of the property. The main title has the main rectangular building which is occupied by the hardware store and the adjoining rural produce retail section.

The current owners have selectively restumped the building as needed and installed solar panels for electricity savings.

The main building is about 500m2 with the retail at the front, stock in the middle and facilities at the back. There is even a mezzanine office at the back above the two toilets and kitchenette. There is a split system air conditioning unit.

The combined property is 1,197 m2, flat and has several storage facilities in the yard along with the main delivery driveway or second access.

Building construction is traditional concrete front entry with original timber flooring, sheet internal walling and new iron roofing.

Great return, great solid building, great lease and great location.

Contact Peter Bender on 0421 253 7... at Bundaberg Commercial for a full property profile.

Additional information

Property ID: 504219968Last Updated: 23 May 2023

04212537...
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Address available on request
Biggenden, QLD 4621
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