21-25 Perry Street, Bundaberg North, Qld 4670

Knight Frank Wide Bay & Explore Property Bundaberg are pleased to present 21-25 Perry Street & 30 Gavin Street, Bundaberg North to the market for sale.

Property Highlights
• Land Area: 9,136 sqm
• Net Lettable Area: 5,825 sqm* comprising 15 industrial warehouses ranging from approximately 118 sqm to 1,092 sqm
• Gross Rental Income: $395,595 p.a. + GST
• Net Income: $335,725.12 p.a.
• WALE: 2.69 years*
• Occupancy: 100% leased industrial estate
• Leasing Upside: Opportunity to increase rental returns through future lease renewals and rental reviews
• Zoning: Industry
• Diversified Tenancy Profile: 15 tenancies occupied by 11 separate industrial businesses
• Strategic Location: Established Bundaberg North industrial precinct with convenient access to the Bundaberg CBD and major transport routes

Investment Overview
This substantial industrial estate presents an opportunity to acquire a fully leased investment in the established Bundaberg North industrial precinct.
The property benefits from a diversified tenant profile and multiple income streams, while future lease renewals and rental reviews provide potential to enhance returns over time.
Conveniently positioned with access to the Bundaberg CBD and key transport routes, the surrounding area is home to a range of established industrial, warehouse and trade-based businesses.

For a detailed copy of the Information Memorandum or further information, please contact the Exclusive Agents – Steve Bernstrom at Knight Frank Wide Bay or Warren Childs at Explore Property Bundaberg.