OFF MARKET

130 Churchill Street
Childers QLD 4660

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 968m2
Land area: 968m2
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Property Details for 130 Churchill St, Childers

Building Type
Commercial
Floor Size
968m2
Land Size
968m2
Local Government
Bundaberg Regional
Lot/Plan
2/RP14464

Last Listing description (October 2024)

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.

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Property History for 130 Churchill St, Childers, QLD 4660

A timeline of how this property has performed in the market
Last Sold
$520,000
19 May 2015
Listed for Rent
$314/w
23 Oct 2024
  • 23 Oct 2024
    Listed for Rent $16,380 / year
  • 05 Jul 2024
    Listed for Rent $17,160 / year
  • 20 Sep 2023
    Listed for Rent $16,380 / week
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About Childers 4660

The size of Childers is approximately 19.2 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Childers in 2011 was 1,638 people. By 2016 the population was 1,597 showing a population decline of 2.5% in the area during that time. The predominant age group in Childers is 70-79 years. Households in Childers are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Childers work in a labourer occupation. In 2011, 62.4% of the homes in Childers were owner-occupied compared with 60.9% in 2016.

Childers has 1,001 properties. Over the last 5 years, Houses in Childers have seen a 105.63% increase in median value, while Units have seen a 30.46% increase. As at 31 October 2024:

  • The median value for Houses in Childers is $438,882 while the median value for Units is $318,430.
  • Houses have a median rent of $470 while Units have a median rent of $235.
There are currently 36 properties listed for sale, and 1 property listed for rent in Childers on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Childers.

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