5 & 6/44 Woongarra Street, BUNDABERG CENTRAL QLD

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5 & 6/44 Woongarra Street, BUNDABERG CENTRAL

Sold For $600,000

Floor Area 120m²
8

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For Sale

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Property Type Retail

Floor 120m²

Parking 8

8.17% NET RETURN - BETTER THAN THE BANKS!

Located in the CBD of Bundaberg 44 Woongarra st commonly known as "Eat Street" Shop 5&6 host a popular local Thai Style restaurant catering to both dine in and take away customers.

Shop 6 contains the storage room, restaurant and a walk way through the adjoining wall gives access to Shop 5 which has the kitchen, preparation area, front counter and main entrance.

Current tenants are half way through a 5 year lease with an additional 5 year option with a combined rent of $71,316 inc GST.


AT A GLANCE:


Council Rates: $8560 p.a. (Approx)
Body Corporate: $5064 p.a. (Approx)
Monthly Rent - Shop 5: $3397 inc GST
- Shop 6: $2546 inc GST
Shop Size - Shop 5: 60m2
- Shop 6: 60m2
Bathrooms: 1 (Shared for Shop 5&6 only)
Allocated car parks: 8
Lease Term: 5 Years with 1 Option

CONTACT THE EXCLUSIVE MARKETING AGENT MAJELLA OWEN ON 0413245755 FOR FURTHER DETAILS OR TO ARRANGE A PRIVATE INSPECTION TODAY!

Disclaimer: LJ Hooker have been provided with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

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  • Property ID 1FRVGTV

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For Sale

Property Details

Property Type Retail

Floor 120m²

Parking 8

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