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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

$4,900,000

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% IGA Anchored Investment | 8+ Year WALE

RWC Retail are proud to present IGA Childers for sale at $4,900,000 (7.00%).

|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 $343,314 + 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

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

DOCUMENTS AVAILABLE

Gain Access

Selling Details

$4,900,000

2. Property Highlights

7% IGA Anchored Investment | 8+ Year WALE

RWC Retail are proud to present IGA Childers for sale at $4,900,000 (7.00%).

|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 $343,314 + 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

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