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2 Crofton Street
Bundaberg Central QLD 4670
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Sold on 19 May 2022

2 Crofton Street Bundaberg Central QLD 4670

  • Hotel, Motel, Pub & Leisure
  • 550 m²
  • Sold

Passive leased investment with options to 2040

    RAY WHITE COMMERCIAL QLD ARE PLEASED TO EXCLUSIVELY OFFER 2 CROFTON ST, BUNDABERG FOR SALE BY AUCTION AT 11AM, THURSDAY 19 MAY.

    A terrific opportunity to secure a single tenanted leased investment in one of QLD's premier regional cities, just four hours from Brisbane. Located in the Bundaberg CBD, this passive investment is currently leased to The Hub Backpackers.

    Highlights include:
    • Purpose built backpacker facility, built in 1988
    • Fully compliant, licensed for 68 beds
    • Leased to 2 March 2025 plus options to 2040
    • Net rental $126,248 pa
    • Annual CPI increases / 6 month bank guarantee
    • Tenant pays all outgoings
    • Region enjoys year round agricultural industries

    Act now to avoid disappointment as this will not last long. Contact the marketing agents for more information.

    Property Highlights

    Date Sold19 May 2022
    Floor Area550 m²
    Land Area555 m²
    ParkingAsk Agent
    Property ID2017746488
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  20 May 2022
    Map for 2 Crofton Street Bundaberg Central QLD 4670

    Property Highlights

    Date Sold19 May 2022
    Floor Area550 m²
    Land Area555 m²
    ParkingAsk Agent
    Property ID2017746488
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  20 May 2022
    Level 26 111 Eagle St Brisbane City QLD 4000
    Agency profile

    Ask Michael McCullagh about this property

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