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IGA Childers, 112 & 114-120 Churchill Street, Childers, QLD, 4660
Childers
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.
Remember to mention you found this property on CommercialReady
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.
Remember to mention you found this property on CommercialReady
IGA Childers, 112 & 114-120 Churchill Street, Childers, QLD, 4660
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