TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670

Medical/Consulting
|Retail
|Offices
Contact Agent
Published on: 15 Jul 2024
Last updated on: 08 Sep 2024
TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
+13
TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
  • 13
Property ID: 504636840
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Key property information

Land Size
349.00 m2
Floor Area
227.00 m2
Tenure Type
tenanted

7 Year Lease to TerryWhite Chemmart | Attractive 3.5% Rent Increases

TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
Burgess Rawson is pleased to present to the market 128 Bourbong Street, Bundaberg QLD for sale by Private Treaty

The property has the following investment highlights:

+ Seven (7) year lease to TerryWhite Chemmart to 2029 plus two (2) further seven (7) year options
+ TerryWhite Chemmart: part of ASX EBOS Group, Australia's largest pharmacy chain with 550+ stores with a market cap of $5.77 billion*
+ Landlord favourable net lease terms with the tenant responsible for usual outgoings as per the lease
+ Attractive 3.5% annual rent increases
+ Central 349sqm* CBD site, positioned amongst Westpac, NAB and McDonald's and in close proximity to Hinkler Central anchored by Coles, Woolworths, Kmart plus 60+ specialty stores
+ 227sqm* premises with substantial tenant funded upgrades proposed including dispensary robot
+ Single tenant, minimum management investment
+ Bundaberg Regional Council: thriving regional Queensland city with a trade catchment of circa 104,166**
+ Rent: $65,863 pa* + GST (current)
+ Rent: $68,168 pa* + GST (Sept 2024)

For Sale by Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Property Details

Basic Info

Property Type
Medical/ConsultingRetailOffices
Listing Status
Under Contract
Land Size
349.00 m2
Address
TerryWhite Chemmart, 128 Bourbong Street, Bundaberg Central, Qld 4670
Raoul Holderhead
Justin Kramersh
Level 20, 150 Lonsdale Street, Melbourne, Vic 3000
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Contact Agent

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street, Melbourne, Vic

Raoul Holderhead
Raoul Holderhead
Justin Kramersh
Justin Kramersh

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street, Brisbane-City, Qld

Andrew Havig
Andrew Havig
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      Property ID: 504636840

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