Corner Agnes and Mining Street,
Bundamba, QLD 4304
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
Corner Agnes and Mining Street
Bundamba, QLD 4304
Map of Corner Agnes and Mining Street
Bunnings Warehouse Located in Rapidly Evolving Brisbane to Ipswich Growth Corridor
- Featuring prized net lease structure
- Underpinned by ASX top 10 company
- 99.7% of income secured by Bunnings
Colliers, in conjunction with JLL, are pleased to present an exciting opportunity to acquire a 100% interest in Bunnings Warehouse Bundamba, ideally located within one of South East Queensland’s fastest-growing corridors, positioned between Brisbane and Ipswich.
The Bunnings Warehouse investment, featuring an Initial 12-year lease term recently extended to 14 years (exp. 2030) plus six 5-year options to 2060, with an 3% fixed annual rental review mechanism.¹
The 14,228m² full line Bunnings Warehouse occupying a high-profile 2.35 ha site is prominently located in Bundamba, 36km South West of the Brisbane CBD and 5km east of the Ipswich town centre.
• Secured to Top 10 ASX Listed Company – Anchored to Bunnings Group Limited a subsidiary of Wesfarmers Limited.²
• Security of Covenant – Secured to 12-year lease term recently extended to 14 years (exp. April 2030) with options to 2060.
• Minimal Management – Prized net lease structure with 99.7% of income secured by Bunnings Group Limited.
• Strong Rental Growth – 3% fixed annual rental review mechanism.¹
• Prime Location – Prominent 2.35 ha site, Zoned LB10- Local Business & Industry (Bundamba), 36km from Brisbane CBD.
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 22 May 2024.
1 except in 2029
2 as at April 2024
*approx.
The Bunnings Warehouse investment, featuring an Initial 12-year lease term recently extended to 14 years (exp. 2030) plus six 5-year options to 2060, with an 3% fixed annual rental review mechanism.¹
The 14,228m² full line Bunnings Warehouse occupying a high-profile 2.35 ha site is prominently located in Bundamba, 36km South West of the Brisbane CBD and 5km east of the Ipswich town centre.
• Secured to Top 10 ASX Listed Company – Anchored to Bunnings Group Limited a subsidiary of Wesfarmers Limited.²
• Security of Covenant – Secured to 12-year lease term recently extended to 14 years (exp. April 2030) with options to 2060.
• Minimal Management – Prized net lease structure with 99.7% of income secured by Bunnings Group Limited.
• Strong Rental Growth – 3% fixed annual rental review mechanism.¹
• Prime Location – Prominent 2.35 ha site, Zoned LB10- Local Business & Industry (Bundamba), 36km from Brisbane CBD.
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 22 May 2024.
1 except in 2029
2 as at April 2024
*approx.
Property ID: 504573600Last Updated: 2 May 2024
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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