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.
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