161 & 163 Bourbong Street, Bundaberg Central, Qld 4670

Knight Frank Wide Bay / Fraser Coast is pleased to present 161 & 163 Bourbong Street, Bundaberg Central, QLD 4670 to the market for sale via Expressions of Interest, closing Tuesday 17th November at 4:00pm (AEST).

Positioned in the heart of the Bundaberg CBD, this offering comprises two adjoining commercial properties with a combined land area of approximately 536m²* and a total Net Lettable Area of approximately 836m²* across two levels.

161 BOURBONG STREET
• Land Area: 268m²*
• Total Net Lettable Area: 374m²*
• Ground Floor: 239m²*
• First-Floor Front Area: 115m²*
• First-Floor Rear Area: 20m²*
• Current Gross Rental: $85,500 incl. GST per annum
• Existing lease incorporates the ground floor and rear mezzanine area, totalling 259m²*
• 115m²* first-floor front area currently available for lease, providing potential to increase rental income, or further renovate and convert to residential
• Existing fit-out featuring multiple showroom areas, offices, kitchen facilities, cool room, pantry, storage areas and amenities

163 BOURBONG STREET – BERT'S
• Land Area: 268m²*
• Total Net Lettable Area: 462m²*
• Ground Floor: 244m²*
• First Floor: 218m²*
• Current Gross Rental: $85,800 incl. GST per annum
• Established Bert's hospitality venue with an extensive two-level fit-out
• Ground floor featuring showroom and dining areas, multiple kitchen areas, bar/service area, storage and amenities
• First floor incorporating an upstairs bar, conference/function room, kitchen, pantry, bathrooms and bedroom

INVESTMENT HIGHLIGHTS
• Two adjoining commercial properties in a prominent Bundaberg CBD location
• Combined land area of approximately 536m²*
• Combined Net Lettable Area of approximately 836m²*
• Combined current gross rental income of $171,300 incl. GST per annum
• Additional rental income potential from the vacant first-floor area at 161 Bourbong Street

For a detailed Information Memorandum, or to arrange an inspection, contact the team at Knight Frank Wide Bay / Fraser Coast.