EXPRESSIONS OF INTEREST 5 Tenants Including: RACQ (National Tenant) Cheesecake Shop (National Tenant) Natural Noodle Fish N Chips @ 251 Supreme Pizza & Pasta This Property is currently self managed Tenanted investment opportunity (100% occupied) Achieving a net rent of $230,813.00+ GST Land area 2,025m2 Land use - Shopping Group (2 to 6 Shops) Access to car park at the rear, via both sides of the property There are 22 car parks & 1 disabled park Located on Bourbong Street with over 28,000+ passing vehicles daily, providing high exposure. Surrounded by Motels, other Takeaway Businesses, Professional Offices & next door to Officeworks. Walking distance to the Bundaberg C.B.D Total floor area 660m2 Both Properties are to be sold together 249 Bourbong Street Recent refurbishment in 2024 RACQ Lease to 6/4/2028 New 3 Year Option 4% Increases Adjustment Date 6/4/2026 $6,186.75 + O/G + GST ($74,241.02 per annum) + Year of Extended term $83,511.00 07/04/2028 Cheesecake Shop Lease to 6/7/2026 - 1x5 year option - 5 Year Option [ TAKEN ] CPI Increases Adjustment Date 7/4/2026 $5,392.88 + O/G + GST ($64,714.56 per annum) 5 Year Option taken up, Deed of variation underway, No increase in rent until 07/04/2027 Rent Increases lessor of CPI or 2% increase Total: $11,579.63 per month rent + O/G $138,955.56 per annum + OG + GST 251 Bourbong Street Natural Noodle Lease 6/6/2027 1x3 year option CPI Increases Adjustment Date 6/6/2025 $2,909.50+ O/G + GST P/M Fish & Chip Shop Lease to 30/9/2025 - 1x3 year option 3% Increases [ TAKEN ] Adjustment Date 30/9/2025 $2,677.17 + GST P/M Outgoings included in rent Outgoings Nominal $637.47 P/M Supreme Pizza Lease 30/4/2028 1x3 Option CPI Increases Adjustment date 30/4/2026 $2,838.32 + O/G + GST P/M Total: $8,424.99 per month rent + O/G $101,099.88 per annum + O/G + GST Summary Rent Per Annum - 249 Bourbong Street $138,955.56 Rent Per Annum - 251 Bourbong Street $101,099.88 Total - $240,055.44 Less Land Tax $9,241.60 Net Rent Per Annum Total $230,813 P/A + GST Summary Rent Per Annum - 249 Bourbong Street $138,955.56 Rent Per Annum - 251 Bourbong Street $101,099.88 Total - $240,055.44 Less Land Tax $9,241.60 Net Rent Per Annum Total $230,813 P/A + GST *Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.
