69 Bourbong Street

Bundaberg Central QLD 4670

A RARE opportunity now presents itself here in the heart of the C.B.D of Bundaberg. First time offered for sale in 40 years is this prime commercial property. Better still is the timing with the Gas Pipeline now approved for Bundaberg. The bricks and mortar are now up FOR sale. Bundaberg Icon s- The HUT Menswear and the bridal shop- Casar Elegance have been trading out of for as long as most of us can remember. These well-established, well managed business are going strong as we are still buying Men s wear and we are still getting married. These 2 iconic businesses are here to stay and have just re-signed another 3 year lease at $47,000 inclusive of G.S.T P/A with C.P.I to stay put at this fantastic location being 69 Bourbong Street Central Bundaberg.
This property is one for the investor looking for a safe return with interest rates at near all-time lows. Aside from a better return than the bank this property in the heart of the C.B.D also offers GREAT potential for capital growth. With the Gas pipeline now approved with both governments Bundaberg s diverse economy now has the much needed final driver that has been required to see our region take off. Knauf Plasterboard manufacturing is now locked into the region at the Bundaberg Port and more industries are set to join them in the near future thanks to the new gas resource that is about to go into the Port of Bundaberg. Bundaberg Port now has plenty of development on the horizon and with Bundaberg s median price at around $285,000 the last link in the chain is now in place for our region to prosper.
The building at 69 Bourbong Street has had a major renovation in both the menswear section of The HUT and the Bridal shop Casar Elegance leaving nothing for the new owner of the building to worry about. The building also offers 2 street access and has staff car parking out the back.