OFF MARKET

75 Churchill Street
Childers QLD 4660

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 800m2
Land area: 1153m2
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Property Details for 75 Churchill St, Childers

75 Churchill St, Childers is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1153m2 and floor size of 800m2. While the property is not currently for sale or for rent, it was last transferred in August 2011.

Building Type
House
Floor Size
800m2
Land Size
1153m2
Local Government
Bundaberg Regional
Lot/Plan
4/RP14526

Last Listing description (September 2024)

Welcome to the Paragon Theatre, an extraordinary investment opportunity steeped in history and strategically located in the heart of Childers, Queensland. Established in 1908, this iconic venue seamlessly blends vintage charm with modern amenities, making it a prime choice for savvy investors seeking high returns and diversified income streams.

Prime Investment Opportunity

The Paragon Theatre offers multiple income avenues, including subletting, a popular espresso bar, and opportunity for a unique Bed and Breakfast experience, making it ideal for an owner-manager passionate about preserving historic charm while capitalising on lucrative returns. The charming 3-bedroom residence within the property can yield approximately $450 per week in rental income, while a Bed and Breakfast enterprise offers a unique experience from $200 per night!

Prominent Location

Just 3.5 hours from Brisbane on the Bruce Highway, Childers serves as the hinterland gateway to the stunning Bundaberg region and the renowned Great Barrier Reef. The Paragon Theatre boasts prominent Bruce Highway frontage, offering excellent visibility for commercial tenants and ensuring consistent foot traffic.

Historic and Cultural Landmark

Situated on the bustling main street of Childers, the Paragon Theatre is surrounded by quaint shops, cafes, and cultural attractions. As a beloved local landmark, it draws visitors from far and wide. The theatre's Art Deco faade and ornate interior, featuring plush seating, velvet curtains, and modern sound and lighting systems, create an unforgettable experience for patrons.

Versatile Spaces and Modern Amenities

The Paragon Theatre's versatile spaces cater to a wide range of events, from live performances to private functions and community gatherings. Childers is renowned for its seasonal and annual events, making the theatre a perfect venue for hosting various activities. Regular income from subletting the numerous spaces and the popular espresso bar further enhances the property's revenue streams.

Recognised Heritage

The Paragon Theatre underwent restoration and was honored with the National Trust Queensland Heritage Award in 2015, acknowledging the conservation efforts at this State Heritage Listed site. This recognition highlights the commitment to preserving the historical integrity of the property while ensuring its modern relevance.

Expressions of Interest

The vendor of the esteemed Paragon Theatre invites expressions of interest from discerning buyers. Ideally, the vendor seeks offers on a walk-in-walk-out basis, ensuring a seamless transition of all business equipment and intellectual property to the new owner. However, the vendor remains open to considering alternative terms to meet the diverse needs of potential investors.

For detailed information on all aspects of the property and associated business, interested buyers are encouraged to contact marketing agent Wade Stuart at 0431 721 120 for the Information Memorandum.

Conclusion

The Paragon Theatre presents a rare opportunity to own a piece of Queensland's heritage while enjoying a lucrative income stream. Perfectly suited for an owner-manager with a passion for history and charm, this iconic venue promises endless possibilities for future growth and success. Whether you're a seasoned entrepreneur or a first-time buyer, the Paragon Theatre invites you to become part of its storied legacy and write the next chapter in its history.

Key Details
Land: 1153m2
Zoning: District Centre
Land Use: Theatres & Cinemas
Building Status: Heritage Listed, April 28, 2000.
Achitect: Mr Arthur Robson
Builder: Mr P Mellefont Jnr
Rates: $4700/ half year
Construction: Original Premises 1908. Paragon Theatre Foyer 1927. Paragon Theatre Auditorium 1927. Residence 1927
Sublet Options: 1x approx. 24m2 shop front (currently leased $220 per week), 1 x approximate 11m2 shop front, both with Street Frontage. Auditorium approx. 470m2. Residence 3 bedroom, 1 bathroom.
Total Approximate Size: 916m2 under main roof with approx. 770m2 encompassing the theatre, shops, cafe + the mezzanine level adding another approx. 170m2. The house is approx. 147m2 in size.

Contact marketing agent Wade Stuart on 0431 721 120 for the latest property information.


Disclaimer - *Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any information that is intended to be relied upon should be independently verified.

Property History for 75 Churchill St, Childers, QLD 4660

A timeline of how this property has performed in the market
Last Transferred
$210,000
12 Aug 2011
Listed for Rent
$210/w
16 Mar 2013
  • 12 May 2024
    Listed for Sale Submit Offers
  • 25 Jan 2013
    Listed for Rent $210 / week
  • 06 Mar 2012
    Listed for Rent - Price not available
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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 1,002 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 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.

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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.