10/1 Electra StreetBundaberg Central QLD 4670
Property Details for 10/1 Electra St, Bundaberg Central
Last Listing description (March 2026)
Ray White Retail are proud to present Mitre 10 Bundaberg, For sale at 6.65% ($3,600,000)
|What|
2,370sqm* large format retail investment
Whole of land lease to Mitre 10 (Drive-thru Trade Centre & Hardware Store)
Net Income of $239,423 + GST p.a.
|Where|
High-profile 4,510sqm* corner land parcel with 132m* of three-street frontage
Within a major Bundaberg retail precinct, less than 500 metres from major shopping centres, driving strong traffic to the area
360km* North of Brisbane
A population in excess of 106,000 and a GRP of over $6 billion
|Why|
Safe investment - Leased for 34 years as a hardware store
Inflation resistant with CPI annual increases
Highly affordable base rent of $101/sqm*, with scope for significant rental uplift
The only Mitre 10 in the Bundaberg-Bargara region
Mitre 10 is owned 100% by the ASX-listed Metcash, who also own the IGA, Total Tools and Home Hardware brands
*Approximately
Property History for 10/1 Electra St, Bundaberg Central, QLD 4670
- 19 Mar 2026Sold
- 24 Feb 2026Listed for Sale $3,600,000
Recent sales nearby
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0About Bundaberg Central 4670
The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2016 was 316 people. By 2021 the population was 162 showing a population decline of 48.7% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation.In 2021, 25.00% of the homes in Bundaberg Central were owner-occupied compared with 30.00% in 2016.
Bundaberg Central has 515 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 128.63% increase in median value, while Units have seen a 147.23% increase. As at 31 March 2026:
- The median value for Houses in Bundaberg Central is $526,734 while the median value for Units is $506,982.
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