Commonwealth Bank Investment - Significant upside - 75% vacant

Ray White Metro North is pleased to present 103 Bourbong Street, Bundaberg, for sale via Public Auction on 26 November 2026.

Don't miss this unique opportunity to acquire a substantial CBD two storey investment anchored by Commonwealth Bank (ASX: CBA), providing immediate income with significant potential (75% vacant) for massive rental growth through the leasing of vacant floor space.

Key Investment Highlights:
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• $130,537 p.a. passing net income* from Commonwealth Bank
• CBA - Long standing tenant with lease until March 2030 with annual CPI reviews
• 2,024 m² landholding* with 2,421 m²* total building area
• 1,473 m² vacant ground-floor retail space*, suitable for one or multiple tenancies (STCA)
• 464 m² additional upstairs accommodation
• Potential net income growth - 80% vacant. Current net income locked in for at least 4 years.
• Dual street frontage to Bourbong and Quay Streets. Possible two street trading frontages.
• 15 on-site car spaces, four licensed to CBA
• Flood-free CBD location within a strong and growing regional Queensland city
• Current population of 107,000 for Bundaberg regional council and a GRP growth of 4.8% p.a.

Significant Value-Add Opportunity
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With approximately 75% of the building available to lease, investors can secure an established national tenant while capitalising on substantial vacant accommodation and potential future income streams.

For Sale - Public Auction | 26 November 2026
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For the Information Memorandum, due diligence documentation or to arrange an inspection, contact:

Stephen Kidd | 0413 550 474
Elliot Kidd | 0407 696 738
Ray White Metro North

Key Search Words: Bundaberg commercial property for sale, Commonwealth Bank investment, Bundaberg CBD auction, regional commercial investment, national tenant investment, value-add commercial property, retail investment Bundaberg, single tenant, twist, value add.

Inspections

Auction

Thursday, 26 November Starts 12:00 AM 43 Nariel Street, Albion - In Rooms

Explore the area

School catchments

St Joseph's Catholic Primary School Primary Prep-6 Catholic 0.33km
Bundaberg Central State School Primary Prep-6 Government 0.54km
Bundaberg South State School Primary Prep-6 Government 1.2km
St John's Lutheran Primary School Primary Prep-6 Independent 1.3km
Bundaberg State High School Secondary 7-12 Government 1.3km
St Patrick's Catholic Primary School Primary Prep-6 Catholic 1.7km
Bundaberg North State School Primary Prep-6 Government 1.7km
Bundaberg North State High School Secondary 7-12 Government 2.1km
Bundaberg West State School Primary Prep-6 Government 2.1km
Bundaberg East State School Primary Prep-6 Government 2.3km
Hope Adventist School Primary Prep-6 Independent 2.3km
Walkervale State School Primary Prep-6 Government 2.4km
Norville State School Primary Prep-6 Government 2.8km
Impact Community ACADEMY Secondary 11 Independent 2.8km
Kepnock State High School Secondary 7-12 Government 3.0km
Shalom College Secondary 7-12 Catholic 3.6km
St Mary's Catholic Primary School Primary Prep-6 Catholic 3.7km
Thabeban State School Primary Prep-6 Government 3.9km
St Luke's Anglican School Combined Prep-12 Independent 4.0km
Avoca State School Primary Prep-6 Government 4.2km
Bundaberg Christian College Combined Prep-12 Independent 5.8km
Gin Gin State High School Secondary 7-12 Government 40.9km
Isis District State High School Secondary 7-12 Government 41.7km
Rosedale State School Combined Prep-12 Government 51.5km
Xavier Catholic College Combined Prep-12 Catholic 65.5km
St James Lutheran College Combined Prep-12 Independent 67.1km
Hervey Bay State High School Secondary 7-12 Government 67.1km
Bayside Christian College Hervey Bay Combined Prep-12 Independent 67.2km
Urangan State High School Secondary 7-12 Government 71.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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