Russell Real Estate presents 2,719m2 of prime land on the eastern side of the Bruce Highway (A1) in Childers, QLD comprising four individual titles available via separate contracts, adjacent to Woolworths & EG Ampol, with current rental income across all four properties returning approximately $78,520 per annum.
Astute investors, take note! This is a rare chance to secure four blocks, side by side, totalling a substantial 2,719m² on four titles, opening doors to a range of potential future opportunities, the groundwork already done toward a DA lodgement.
The opportunity:
• Preliminary work completed toward DA lodgement (enquire for Information Memorandum)
• Eastern side of the Bruce Highway — high visibility to both northbound and southbound traffic
• Adjacent to Woolworths Childers & EG Ampol Childers
The site:
• Four individual titles, 2,719m2 in total
• 99 Churchill Street, 822m2 (yielding $420/week)
• 101 Churchill Street, 615m2 (yielding $350/week)
• 103 Churchill Street, 632m2 (yielding $460/week)
• 105 Churchill Street, 650m2 (yielding $280/week)
• Combined rental income: $1,510/week (approx. $78,520 per annum)
The location:
• 42 minutes from Bundaberg (approx. 51km)
• 41 minutes from Hervey Bay (approx. 58km)
• 44 minutes from Maryborough (approx. 60km)
• 2.5 hours south of Gladstone (approx. 222km)
• 3.5 hours south of Rockhampton (approx. 323km)
• 3.5 hours north of Brisbane (approx. 310km)
Why Childers?
• 450km of highway with little comparable commercial competition between Gympie and Rockhampton
• There are no major Southbound drive through sites between Gin Gin and Maryborough (excluding Childers itself)
• Over 8,000 vehicles pass through Childers daily (Source: TMR)
At $1,510 per week in combined rental income, the holding costs are well considered while you plan your next move. Whether that's pursuing a development, developing in stages across individual titles or securing the entire site as a long-term land bank on one of Queensland's busiest regional highways — the potential is certainly there. Opportunities of this scale, on this corridor, don't present themselves often.
Disclaimer: While due care has been taken, Russell Real Estate Pty Ltd makes no warranty as to the accuracy or completeness of this advertisement. Some images displayed for the sale of this property may be digitally altered. Furthermore, some images used for this advertisement have boundary markers in some images, which are indicative and do not replace a site survey. Intending purchasers should conduct their own enquiries and inspections, seek independent legal, financial and building advice and perform their own due diligence checks. Rental incomes are correct at the time of advertisement, and may be subject to change in the future. Development or other changes are subject to council approval (STCA). Distances & times (where stated) are approximate.
