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.