Retail For Sale - QLD - Childers - 4660 - DIVERSE INVESTMENT OPPORTUNITY CURRENTLY AT 9.2% ROI (Image 2)

130-132 Churchill Street Childers QLD 4660

For Sale $950,000

Property Type Retail
Land area approx 968sqm
Floor area approx 390sqm
Region Wide Bay Burnett
Locality Bundaberg

Tags: Development Lease

DIVERSE INVESTMENT OPPORTUNITY CURRENTLY AT 9.2% ROI

Welcome to the smartest business decision of your life! Don't miss your chance to snap up this incredible commercial investment opportunity in Bundaberg Regions Hinterland township of Childers, a bustling town rapidly establishing itself as hub of the Wide Bay/Bundaberg Region.

This rare opportunity is situated on 2 titles stretching from the main street (Bruce Highway) through to Macrossan Street at the rear of the property, opening up future development potential with buildings that are not heritage listed unlike the majority of the Childers CBD, enabling the site to be fully cleared to make way for a large development.

Enjoy the security of 5 tenancies with a split of 4 commercial and 1 residential including a low-set brick 3 bedroom, 1 bathroom, single carport, low maintenance property.
The current owners have refurbished the entire 5 buildings only a few years ago creating low-cost future ownership.
With earnings of approximately $87,500 per annum + outgoings, enjoy an incredible ROI with all tenancies @ 9.2% gross.

4 x commercial shops, all currently leased returning approximately $64,500 excluding GST + 1 x residential lease in place until October 2024 @ $440 per week.

For more information, please contact your local NAI Harcourts Ignite Agent Michael Vella on 0419 025 330 or Matthew Dorrough on 0460 722 268.

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.