SOLD
Sold on 07 Dec 2023 for $1,140,000

66 Churchill Street
Childers QLD 4660

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 449m2
Sold By
BURGESS RAWSON REAL ESTATE
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Property Details for 66 Churchill St, Childers

Building Type
Commercial
Land Size
449m2
Local Government
Bundaberg Regional
Lot/Plan
3/RP147433

Last Listing description (September 2023)

RayWhite TradeCoast is delighted to offer a fully leased investment opportunity for sale at 66 Churchill Street, Childers. The property is anchored by the longstanding Childers Medical Centre tenant, providing a secure and attractive investment opportunity for discerning investors.

Property Features:

Land area of 449* sqm

Net lettable area of 308* sqm
Rental income of $80,000 p.a.
100% fully leased
Recent lease renewal
WALE of 5 years* (as of July 1st, 2023)

Sale Price: Contact Agent

Don't miss this opportunity to acquire a fully leased medical centre with a long-standing tenant and excellent investment potential. For further information or to arrange an inspection, contact Ray White Commercial TradeCoast marketing agent Franz Stapelberg 0430 655 676.

* Approx.

Property History for 66 Churchill St, Childers, QLD 4660

A timeline of how this property has performed in the market
Last Sold
$1,140,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $1,140,000
  • 24 Apr 2023
    Listed for Sale Contact Agent
  • 21 Jan 2021
    Sold for $400,000
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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 35 properties listed for sale, and 2 properties listed for rent in Childers on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Childers.

Suburb Insights for Childers 4660

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.