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

Retail
|Offices
|Medical/Consulting
THB ฿109,836,286
AUD $4,900,000
Published on: 23 Sep 2024
Last updated on: 27 Sep 2024
IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660
IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660
IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660
+12
IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660
  • 12
Property ID: 504694916
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Key property information

Land Size
2,168.00 m2
Floor Area
1,047.00 m2
Tenure Type
tenanted

7% IGA Anchored Investment | 8+ Year WALE

IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660
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.

Property Details

Basic Info

Property Type
RetailOfficesMedical/Consulting
Listing Status
On Market
Land Size
2,168.00 m2
Address
IGA Childers, 112 & 114-120 Churchill Street, Childers, Qld 4660

Floorplans and tours

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Michael Feltoe
Michael Feltoe
Lachlan O'Keeffe
Lachlan O'Keeffe
level 26/111 Eagle Street, Brisbane City, Qld 4000
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Michael Feltoe
Michael Feltoe
Lachlan O'Keeffe
Lachlan O'Keeffe
level 26/111 Eagle Street, Brisbane City, Qld 4000
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      Property ID: 504694916

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