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DESCRIPTION:LANDMARK CORNER SITE OFFERING STRONG RETURNS & FUTURE UPSIDE\n
 Knight Frank Wide Bay / Fraser Coast is pleased to announce that 1 Bourbo
 ng Street\, Bundaberg Central is on the market for sale via Expressions o
 f Interest Campaign closing on Thursday 21st May 2026 at 4:00pm AEST. \n\
 nLocated at 1 Bourbong Street\, Bundaberg Central\, this prominent corner
  freehold occupies a high-exposure position along one of the CBD's main a
 rterial roads. The asset combines diversified income with clear value-add
  potential\, underpinned by strong visibility and consistent passing traf
 fic. \n\nProperty Highlights\n Land Area: 724sqm land area across two tit
 les\n Nettable Area: 692sqm (with 577sqm NLAR on the ground floor & 115m2
  approx. residential on first floor \n 6 x Ground floor retail tenancies\
 , including one vacant shop offering immediate leasing upside\n First flo
 or 3-bedroom\, 1-bathroom residential dwelling\, new flooring being insta
 lled\, with rental uplift potential (currently below market)\n Principal 
 Centre zoning allowing flexible commercial use and long-term repositionin
 g or redevelopment potential (STCA)\n Corner site with dual street fronta
 ge and strong exposure\n Positioned on Bourbong Street\, main road throug
 h the Bundaberg CBD\n Thousands of cars passing daily\n\nIncome Profile\n
  Current Gross Income: $158\,152 p.a. + GST\n Retail: $142\,551 p.a. (inc
 luding one vacant tenancy)\n Residential: $15\,600 p.a.($300 p/w)  curren
 tly below market rent\n Outgoings: $28\,988 p.a (includes building insura
 nce\, rates\, & management fees)\n Commercial tenants' pay part of rates 
 subject to their net lettable areas.\n Net Passing Income: ~$129\,163 p.a
 .*\n\nTenant Profile\n Anchor Tenant: Subway (long-established has been o
 ccupying this space for several decades)\n Complementary mix of service r
 etail and specialty tenants \n Additional income from first-floor residen
 tial tenancy\n\nPlease contact Steve Bernstrom at Knight Frank Wide Bay /
  Fraser Coast for a detailed information memorandum and to discuss furthe
 r.
DTEND:20260521T160000
DTSTAMP:20260417T072459Z
DTSTART:20260521T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 1 Bourbong Street\, Bundaberg Central QLD
UID:CRE-2020771309-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>LANDMARK CORNER SITE OFFERING STRON
 G RETURNS & FUTURE UPSIDE <br/> Knight Frank Wide Bay / Fraser Coast is p
 leased to announce that 1 Bourbong Street\, Bundaberg Central is on the m
 arket for sale via Expressions of Interest Campaign closing on Thursday 2
 1st May 2026 at 4:00pm AEST.  <br/>  <br/> Located at 1 Bourbong Street\,
  Bundaberg Central\, this prominent corner freehold occupies a high-expos
 ure position along one of the CBD's main arterial roads. The asset combin
 es diversified income with clear value-add potential\, underpinned by str
 ong visibility and consistent passing traffic.  <br/>  <br/> Property Hig
 hlights <br/>  Land Area: 724sqm land area across two titles <br/>  Netta
 ble Area: 692sqm (with 577sqm NLAR on the ground floor & 115m2 approx. re
 sidential on first floor  <br/>  6 x Ground floor retail tenancies\, incl
 uding one vacant shop offering immediate leasing upside <br/>  First floo
 r 3-bedroom\, 1-bathroom residential dwelling\, new flooring being instal
 led\, with rental uplift potential (currently below market) <br/>  Princi
 pal Centre zoning allowing flexible commercial use and long-term repositi
 oning or redevelopment potential (STCA) <br/>  Corner site with dual stre
 et frontage and strong exposure <br/>  Positioned on Bourbong Street\, ma
 in road through the Bundaberg CBD <br/>  Thousands of cars passing daily 
 <br/>  <br/> Income Profile <br/>  Current Gross Income: $158\,152 p.a. +
  GST <br/>  Retail: $142\,551 p.a. (including one vacant tenancy) <br/>  
 Residential: $15\,600 p.a.($300 p/w)  currently below market rent <br/>  
 Outgoings: $28\,988 p.a (includes building insurance\, rates\, & manageme
 nt fees) <br/>  Commercial tenants' pay part of rates subject to their ne
 t lettable areas. <br/>  Net Passing Income: ~$129\,163 p.a.* <br/>  <br/
 > Tenant Profile <br/>  Anchor Tenant: Subway (long-established has been 
 occupying this space for several decades) <br/>  Complementary mix of ser
 vice retail and specialty tenants  <br/>  Additional income from first-fl
 oor residential tenancy <br/>  <br/> Please contact Steve Bernstrom at Kn
 ight Frank Wide Bay / Fraser Coast for a detailed information memorandum 
 and to discuss further.</P></body></html>
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