Woongarra Street 48 Shop 2

Woongarra Street 48 Shop 2

This strata titled commercial shop with a floor area of 166m2 is within a complex in a popular restaurant precinct area of Bundaberg City.
It is a very well presented fully airconditioned property and is the home to the long established and popular Indian restaurant. 
There is a substantial common area customer carpark at the rear with 7 carprks dedicated to this restaurant, and also a storage shed at the rear of the complex.
A three year lease option was taken up 18 November 2017 and there is a further 3 year option to follow.

Great position, excellent presentation, long standing tenant and an attractive return on investment of almost 8%.

PRICE: $550,000.00 GST Exempt
  • Investment Property for Sale
  • Strata Titled Shop
  • 166m2 Floor Area
  • Leased to Popular Indian Restaurant Operator
  • Business Long Established at Location
  • 3 year Lease option taken up 01/04/2019
  • Further 3 Year Option Term to Follow
  • Town Gas Supply to Premises
  • Common Area Staff/Patron Carpark at Rear
  • Exclusive use of 7 carparks, and a shed at the rear of the complex
  • Excellent Presentaion
  • Attractive Net Return on investment

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CBD Realty
Ground Floor 'WIN Tower'
2 Barolin Street, Bundaberg, Qld 4670