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

Properties / Buy / Queensland / Childers

Tenanted Investment

1. Property Summary

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, Child/Healthcare

Est. Income

$343,314 p/a

Fully Leased

IGA Supermarket, Childers Butchery

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2. Property 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

Dataroom

Tenanted Investment

1. Property Summary

Property Type

Retail, Offices, Child/Healthcare

Est. Income

$343,314 p/a

Number Of Tenants

Tenant

IGA Supermarket, Childers Butchery

Wale

8.16 years

Land Area

2,168 m² (*approx)

Floor Area

1047 m² (*approx)

Selling Method

Private Sale

DATAROOM AVAILABLE

Gain Access

Selling Details

$4,700,000 (7.60%).

2. Property 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

Dataroom

4. Supporting Information

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External Link 2

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

Enquire

RWC Retail

Lvl 26/111 Eagle St, Brisbane QLD 4000

Lachlan O'Keeffe

+61 *** *** *** show +61 413 464 137

Michael Feltoe

+61 *** *** *** show +61 447 714 899

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

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