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3 Retail Properties Sold in Bundaberg Central

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    253 Bourbong Street
    BUNDABERG CENTRAL

    Long Lease to Subsidiary of Wesfarmers Limited
    Recently renewed lease to July 2022 plus options.
    Tenant pays all usual outgoings inc. rates, taxes and insurance.
    Prominent quality building of 1,072 sqm plus 23 on-title car spaces.
    Officeworks due to undertake substantial upgrade in early 2015.
    High profile corner, city centre gateway site of 2,033 sqm with dual street frontage of 90 metres.
    Substantial income tax saving depreciation.
    Bundaberg: Important commercial centre for a growing regional.
    population of 100,000 plus.
    Rent: $203,978 pa.

    Auction 11am AEDT Wednesday 10 December.
    River Room, Crown Casino, Melbourne.
    Retail
    1,072m²
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    20 Quay Street
    BUNDABERG CENTRAL

    New 15 Year Lease to Coles/Liquorland
    Brand new 15 year lease plus options to Liquorland QLD trading as the Old Bundy Tavern.
    Liquorland is a wholly owned subsidiary of Wesfarmers Limited, a highly diversified ASX top 10 company with market capitalisation of $50 billion as at Feb 2014.
    Important 3,380sqm* site with 3 street frontages.
    CBD gateway corner amongst Bourbong Street retail strip (including Target, all major banks and IGA) and major car dealerships.
    Impressive 2,100sqm* hotel refurbished in 2006 includes gaming room with 30 machines, 4 separate bars, bistro, 2 kitchens, first floor function room and 3 detached bottle s...
    Hotel / Leisure
    2,986m²
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    Lot 1, 17 Electra Street
    BUNDABERG CENTRAL

    Retail Investments
    - Two Separate Tenancies 1x 3 + 3 years, and 1x Vacant
    - Total Net Lettable Area: 439m*
    - Suit: Investor / Owner Occupier
    - Zoning Commercial

    Under instructions from Matthew Joiner and Gerald Collins
    as Receivers and Managers

    Expressions of Interest
    Closing Wednesday, 28 August 2013 at 4:00pm

    *approx
    Offices
    439m²
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