2 Randall StreetChilders QLD 4660
Property Details for 2 Randall St, Childers
Last Listing description (August 2022)
Burgess Rawson is pleased to offer to the market 2 Randall Street, Childers for sale via our Auction Investment Portfolio 154.
The property has the following investment highlights:
+ 10 year lease commenced December 2021 with 2 x 5 year options to 2041
+ Tenant pays all outgoings as per the lease including management fees
+ Annual CPI rent reviews
+ Land rich 1,017sqm* site
+ Childers: southern most township of the Bundaberg region, the gateway to the Southern Great Barrier Reef, only three and a half hours by car north of Brisbane
+ Net Income: $40,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property History for 2 Randall St, Childers, QLD 4660
- 04 Aug 2022Sold for $740,000
- 01 Jul 2022Listed for Sale Price on Request
- 06 Jan 2013Sold for $400,000
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0About 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.
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