Large Building Great Value for Money
A fantastic opportunity presents to purchase an investment property in the Bundaberg CBD.
This building has a showroom for auto parts and accessories. With parts storage. Repco has been a tenant since 1990s. The lease is with GPC Asia Pacific.
GPC Asia Pacific is the largest automotive aftermarket parts supplier in Australia and New Zealand. We resell and distribute automotive replacement parts, accessories and related tools and equipment through a network of 556 stores, 12 advanced distribution centres and a team of more than 6200 dedicated team members
Current Rent $69,023 PLUS GST
Lettable area 732m2
Includes 6 Car Parks
Signed for a 9 year term
Lease ends 31/12/2021 then has 3 x 3 years options
For more information and an IM please contact Exclusive Agent Jonathon Olsen 0409534533
Disclaimer: LJ Hooker have been provided with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2011 was 225 people. By 2016 the population was 316 showing a population growth of 40.4% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying $1600 - $1800 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation. In 2011, 46% of the homes in Bundaberg Central were owner-occupied compared with 30% in 2016..
Bundaberg Central has 501 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 123.11% increase in median value, while Units have seen a 28.40% increase. As at 31 December 2024:
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