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DESCRIPTION:MULTI-TENANTED CBD FREEHOLD WITH IMMEDIATE VALUE-ADD OPPORTUNI
 TY\nKnight Frank Wide Bay/Fraser Coast is proud to present Bonalea Arcade
 \, 58 Woongarra Street\, Bundaberg Central QLD 4670 to the market for sal
 e via Auction at 11:30am (AEST)\, Wednesday 12 August 2026\, to be held a
 t McGrath HQ\, 19 Harris Street\, Pyrmont\, Sydney\, with online bidding 
 also available. \n\nPositioned within the heart of the Bundaberg CBD\, Bo
 nalea Arcade presents a compelling value-add investment opportunity with 
 significant upside through active leasing. Comprising a diverse mix of es
 tablished retail\, office and medical tenants\, the property offers immed
 iate holding income with the potential to substantially increase returns 
 by leasing the remaining vacancies. \n\nKey Investment Highlights: \n- 1\
 ,900m²* freehold site across three titles (Lot 8: 1\,012m²*\, Lot 2: 382m
 ²*\, Lot 1: 506m²*) \n- 979m²* Net Lettable Area \n- 10 x Retail/Office t
 enancies ranging from 37m²* to 217m²* \n- Diverse tenant profile includin
 g ABC Wide Bay\, Medical Practice\, Accounting Firm\, Hair salons and NDI
 S support services \n- Principal Centre (PCZ3  City Frame Precinct) zonin
 g \n- Passing Net Income: $151\,408.88 p.a.* (70% occupied) \n- Estimated
  Market Net Income: $220\,560.10 p.a.* (upon 100% occupancy) \n- WALE of 
 0.9 years providing flexibility to reposition rental income \n- 18 x On-s
 ite tenant car parks on Targo Street facing lot plus ample surrounding st
 reet parking \n- Prominent 36-metre* frontage to Woongarra Street \n-  St
 rategically located within the Bundaberg CBD\, surrounded by established 
 commercial\, retail and professional businesses \n\nBonalea Arcade repres
 ents an outstanding opportunity for investors\, and value-add buyers seek
 ing a well-located commercial asset with strong leasing upside and long-t
 erm growth potential. \n\nPlease contact Steve Bernstrom at Knight Frank 
 for detailed Information Memorandum and to discuss this opportunity furth
 er.
DTEND:20260812T123000
DTSTAMP:20260703T025928Z
DTSTART:20260812T113000
LOCATION:58 Woongarra Street\, Bundaberg Central QLD
SEQUENCE:0
SUMMARY:Auction: 58 Woongarra Street\, Bundaberg Central QLD
UID:CRE-2020967971-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>MULTI-TENANTED CBD FREEHOLD WITH IM
 MEDIATE VALUE-ADD OPPORTUNITY <br/> Knight Frank Wide Bay/Fraser Coast is
  proud to present Bonalea Arcade\, 58 Woongarra Street\, Bundaberg Centra
 l QLD 4670 to the market for sale via Auction at 11:30am (AEST)\, Wednesd
 ay 12 August 2026\, to be held at McGrath HQ\, 19 Harris Street\, Pyrmont
 \, Sydney\, with online bidding also available. \n <br/> \n <br/> Positio
 ned within the heart of the Bundaberg CBD\, Bonalea Arcade presents a com
 pelling value-add investment opportunity with significant upside through 
 active leasing. Comprising a diverse mix of established retail\, office a
 nd medical tenants\, the property offers immediate holding income with th
 e potential to substantially increase returns by leasing the remaining va
 cancies. \n <br/> \n <br/> Key Investment Highlights: \n <br/> - 1\,900m²
 * freehold site across three titles (Lot 8: 1\,012m²*\, Lot 2: 382m²*\, L
 ot 1: 506m²*) \n <br/> - 979m²* Net Lettable Area \n <br/> - 10 x Retail/
 Office tenancies ranging from 37m²* to 217m²* \n <br/> - Diverse tenant p
 rofile including ABC Wide Bay\, Medical Practice\, Accounting Firm\, Hair
  salons and NDIS support services \n <br/> - Principal Centre (PCZ3  City
  Frame Precinct) zoning \n <br/> - Passing Net Income: $151\,408.88 p.a.*
  (70% occupied) \n <br/> - Estimated Market Net Income: $220\,560.10 p.a.
 * (upon 100% occupancy) \n <br/> - WALE of 0.9 years providing flexibilit
 y to reposition rental income \n <br/> - 18 x On-site tenant car parks on
  Targo Street facing lot plus ample surrounding street parking \n <br/> -
  Prominent 36-metre* frontage to Woongarra Street \n <br/> -  Strategical
 ly located within the Bundaberg CBD\, surrounded by established commercia
 l\, retail and professional businesses \n <br/> \n <br/> Bonalea Arcade r
 epresents an outstanding opportunity for investors\, and value-add buyers
  seeking a well-located commercial asset with strong leasing upside and l
 ong-term growth potential. \n <br/> \n <br/> Please contact Steve Bernstr
 om at Knight Frank for detailed Information Memorandum and to discuss thi
 s opportunity further.</P></body></html>
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