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

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

Childers

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

Childers

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

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

Properties / Sold / Queensland / Childers
Tenanted Investment
Selling Method
Private Sale
Selling Details
$4,700,000 (7.60%).
Land Area
2,168 m² (*approx)
Floor Area
1047 m² (*approx)
Property Type
Retail, Offices, Health/Medical
Est. Income
$343,314 p/a
Fully Leased
IGA Supermarket, Childers Butchery
Show All
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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

IGA Childers, 112 & 114-120 Churchill Street Investment Summary

Property Type
Retail, Offices, Health/Medical
Est. Income
$343,314 p/a
Number Of Tenants
2
Tenant
IGA Supermarket, Childers Butchery
Wale
8.16 years
Land Area
2,168 m² (*approx)
Floor Area
1047 m² (*approx)
Selling Method
Private Sale
Selling Details
$4,700,000 (7.60%).

Investment Highlights

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.

Remember to mention you found this property on CommercialReady

Read More

Supporting Information

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Tenanted Investment
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137

Download Development Site Report
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137

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

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Childers Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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

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IGA Childers, 112 & 114-120 Churchill Street, Childers, QLD, 4660 Childers
RWC Retail
RWC Retail
Lvl 26/111 Eagle St, Brisbane QLD 4000
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137
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