McGrath Wide Bay is pleased to present 13 Toonburra Street, Bundaberg Central, QLD 4670 to the market for sale via Expressions of Interest, closing Thursday, 28th August 2025 at 4:00 PM AEST.
This property offers an excellent opportunity to secure a well-located, strata-titled asset leased to a national, blue-chip tenant with a proven long-term track record in a fast-growing regional city.
Key Investment Highlights:
- Strata-titled tenanted investment opportunity currently generating $116,259.39 Net Income Per Annum* with a CPI increase effective 31st July 2025.
- National tenant, Ideal Electrical, a leading Australian electrical wholesaler, company-owned and operated under the global Rexel Group, with a long-standing lease at property since 2011.
- WALE (Weighted Average Lease Expiry): 2.08 years + 2 x 3-year options
- Net Lettable Area (NLA): 802 m², comprising professional showrooms, offices, amenities, storage, loading dock and warehouse areas.
- Excellent location within the Bundaberg CBD, close to surrounding amenities such as Hinkler Central Shopping Centre, government offices, national retailers, financial institutions, cafes, medical centres, and public transport.
For a detailed information memorandum or to arrange an inspection, please contact Steve Bernstrom at McGrath Wide Bay.