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Hotel/Leisure in Bundaberg Central
Passive leased investment with options to 2040
- Building: 550m²
- Land: 555m²
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.
Building:
550m²
Land:
555m² / 0.14 acres
Tenancy:
Tenanted
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