Premium Investment/64 Bourbong St Bundaberg Central QLD 4670

Knight Frank is pleased to present For Sale this ideally situated, premium-tenanted asset with significant development upside to the market.

The asset is leased to ANZ Bank until 19 May 2026 and has very landlord-friendly terms.

The current vendor purchased the asset from ANZ Bank by way of leaseback in 2008.

Highlights:

- Currently returning $180,307.05* + GST + Outgoings per annum.
- Leased until 19 May 2026 with further options
- Fixed annual rent increases of 4%
- 100% of the outgoings are paid by the tenant
- Freehold land holding of 384* sqm (STS)
- Multi-national tenant
- Premium CBD location
- Recent ANZ Bank funded fit-out
- Durable construction

*Approx

For further information please contact either Adam Kelly or Pat O'Driscoll via the below enquiry section.

Offers to Purchase Closing 28 October 2024 at 4 pm AEST (if not sold prior).