89 Churchill Street Childers QLD 4660

89 Churchill Street presents an exceptional opportunity to acquire a strategically located mixed-use development site within the commercial heart of Childers, Queensland. Combining existing rental income with significant future development potential, the property offers investors the ability to generate holding income while progressing a Development Application for a premium mixed-use project.

The proposed concept comprises a four-lot subdivision retaining the existing commercial bakery while introducing a new commercial tenancy and two residential apartment buildings. The development is designed to maximise the site’s District Centre zoning and respond to the growing demand for quality residential accommodation within the Bundaberg Region.

This opportunity is ideally suited to developers, investors, joint venture partners and builders seeking a project with multiple exit strategies and long-term capital growth potential.

Investment Highlights:
– District Centre zoning providing excellent mixed-use development potential
– 1,181.80 m² land area
– Existing commercial bakery providing rental income
– Existing residential dwelling providing rental income
– Combined current rental income of approximately $48,880 per annum
– Proposed four-lot subdivision
– Existing bakery retained
– Proposed new commercial building
– Proposed 4 × Three-Bedroom Apartments (90 m² each)
– Proposed 4 × Two-Bedroom Apartments (80 m² each)
– Opportunity for future strata titling (subject to approvals)
– Strong holding income while progressing development approvals
– Multiple investment and exit strategies

Contact Just Us Commercial today to arrange a private viewing and discover how this outstanding property fits into your portfolio.

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.