Bunnings, 48 Macarthur Street,
Sale, VIC 3850
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Dawkins Occhiuto - South Yarra
Suite 12, Level 3, Como Centre, 299 Toorak RoadSOUTH YARRA, VIC 3141
Bunnings, 48 Macarthur Street
Sale, VIC 3850
Map of Bunnings, 48 Macarthur Street
Fully Leased, Land-Rich Investment
- 100% Leased to Bunnings
- 8,212 sqm* Island Site
- $633K* p.a. Income with Further Terms
Dawkins Occhiuto are delighted to present for your consideration an outstanding opportunity to acquire one of the most extensive landholdings to ever come to market in the bustling city centre of Sale.
48 Macarthur Street is 100% leased to Bunnings, one of the most prized covenants in the retail sector. The longstanding tenant has been in occupation of the property for over 10 years.
The property comprises a high exposure format retail hardware store on a significant island site, prominently located within Sale’s city centre and adjacent to Gippsland Shopping Centre.
Key features include:
• Leased to Bunnings Group, a wholly owned subsidiary of Wesfarmers
• New 5-year lease from September 2022 with options
• High exposure island site of 8,212sqm*
• Flexible Commercial 1 Zoning
• Investor favoured lease with a passing income of $633k* p.a.
• One of the largest landholdings in the city centre of Sale and located adjacent subregional shopping centre
*approx.
This exceptional property is offered for sale via Expressions of Interest campaign closing Thursday, 20 July 2023 at 3.00pm (AEST).
Please contact exclusive selling agents, Dawkins Occhiuto for more information.
48 Macarthur Street is 100% leased to Bunnings, one of the most prized covenants in the retail sector. The longstanding tenant has been in occupation of the property for over 10 years.
The property comprises a high exposure format retail hardware store on a significant island site, prominently located within Sale’s city centre and adjacent to Gippsland Shopping Centre.
Key features include:
• Leased to Bunnings Group, a wholly owned subsidiary of Wesfarmers
• New 5-year lease from September 2022 with options
• High exposure island site of 8,212sqm*
• Flexible Commercial 1 Zoning
• Investor favoured lease with a passing income of $633k* p.a.
• One of the largest landholdings in the city centre of Sale and located adjacent subregional shopping centre
*approx.
This exceptional property is offered for sale via Expressions of Interest campaign closing Thursday, 20 July 2023 at 3.00pm (AEST).
Please contact exclusive selling agents, Dawkins Occhiuto for more information.
Property ID: 504351144Last Updated: 19 Sep 2023
Dawkins Occhiuto - South YarraSuite 12, Level 3, Como Centre, 299 Toorak Road
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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