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109 Elliott Heads Road
Kepnock QLD 4670
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Sold on 9 Aug 2024

109 Elliott Heads Road Kepnock QLD 4670

  • Shop & Retail
  • 1 m²
  • Sold

High Performing Liquor & Convenience Retail Investment

    Burgess Rawson is pleased to offer to the market 109 Elliott Heads Road, Kepnock (Bundaberg) for sale via our Investment Auction Portfolio 170.

    This opportunity has the following key investment highlights:

    + Anchored by a (5) year net lease to Star Liquor to 2028 plus two (2) further five (5) year options to 2038
    + Star Liquor: one of Australia's leading independent hospitality groups founded 25+ years ago, operating 74 bottle shops, 9 liquor warehouses & 42 hotels
    + Supported by a (10) year net lease to long term local convenience retail operator to 2032 plus two (2) further ten (10) year options to 2052
    + Tenants responsible for 100% of outgoings as per lease
    + Desirable CPI annual rent reviews
    + Dominant 1,069sqm* corner freehold site on major road linking Bundaberg to Elliott Heads, Coral Cove and Bargara
    + Dual street access and 15 on-site car parks
    + Conveniently located 2km* from Bundaberg's major retail & commercial amenities including national tenants, McDonald's, IGA, Aldi, Target and Hinkler Central Shopping Centre, underpinned by Coles, Kmart, and 56 specialty retailers
    + Bundaberg Region: the 10th largest city in the state with the population north of 103,000* and a GRP of $5.62 billion*
    + Net Income: $108,467 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 8 August 2024
    The Hilton, Brisbane

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

    *Approx.

    AUCTION

    Auction date and time08/08/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold9 Aug 2024
    Floor Area1 m²
    Land Area1,069 m²
    ParkingAsk Agent
    Property ID2019357693
    Category
    Last updated  9 Aug 2024
    Map for 109 Elliott Heads Road Kepnock QLD 4670
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold9 Aug 2024
    Floor Area1 m²
    Land Area1,069 m²
    ParkingAsk Agent
    Property ID2019357693
    Category
    Last updated  9 Aug 2024

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Tom Lawrence
    Tom Lawrence
    Burgess Rawson Queensland
    Call
    0428 626 117

    More about 109 Elliott Heads Road Kepnock QLD 4670

    109 Elliott Heads Road Kepnock QLD 4670 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,069 m². The listing ID for this property is 2019357693.

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