56 Targo Street, BUNDABERG CENTRAL QLD 4670

For Sale $325,000

Duplex Available in Bundaberg Central with over 7% ROI

A complex consisting of two spaces is available on the corner of Targo and Woondooma Street – ideal for the investor with two tenants who pride themselves in customer service and presentation in all aspects of their businesses. Both spaces available on one title with a total tenancy size of 217m2, storage underneath the premises, loading bay, grassed area, kitchenette, hot water system and private toilets. Conveniently positioned on a busy corner with high exposure to two main streets in the centre of Bundaberg.

Shop 1 brings a passion to organic food to the local community offering vegan, vegetarian, gluten free, and organic products from large companies and artisan producers within 83m2 of space. The tenancy details are as follows:
– Rental return per annum of $12,480 P.A.
– Lease start date: 1st October 2020
– Lease end date 30th September 2021
– Options remaining of 2 x 1 year with annual fixed increases

Shop 2 is a well-known popular makeup artist and hair salon within the Bundaberg region who has transformed a two-story timber building from ancient to a classy salon offering first class services with a comfortable setting and spiral staircase within 134m2 of space. Tenancy details as follows:
– Rental return per annum of $19,416.84
– Current tenant since 1st June 2016
– Lease end date 31st March 2022
– Options remaining 1 x 1 year with annual fixed increases

Contact CBD Realty today and be on your way to your next business venture!

Property Features
  • Offices
  • Land is 390 m²
  • Floor Area is 83 m²
Commercial Features
Highlight 1

High exposure

Highlight 2

Secure tenancies

Outgoings: $8,500.00

Real Estate Agent's
Sharon Golding
Principal Licensee
0457 473 173
07 4196 0933

David Radonich
Commercial Sales Executive