2 Walla Street Bundaberg Central 4670
For Sale:
Workshop and Showroom.
The current long-term tenants, RACQ approved Auto Electrical/Mechanical Repairer
New 5x5 year lease
Centrally located in the main business district of Bundaberg
Flood Free Site
The investment will be secured with a new 5x5 year lease from the current family-owned business who have who have operated the business for over 80years.
Net income of approximately 67,500 per annum.
Property features:
- 643m2 Total site area
- 16m2 Workshop
- 117m2 Sales/Parts area
- 24m2 Mezzanine Staffroom/Storage
- 7.5kW 3 phase power
- 6 Car Parks
- Zoned Commercial
This is an outstanding Blue-chip opportunity being offered for any investor.
For further information please contact.
Ken Callec
0427515000
Check Bundy out!
https://www.bundabergregion.org/
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 483 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 118.45% increase in median value, while Units have seen a 43.17% increase. As at 31 October 2024:
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