Commercial Property News about Bunnings

A Melbourne family has paid $22.2 million for a newly-opened Bunnings warehouse in Queensland, buying it sight unseen amid strong investor demand for ‘pandemic-proof’ commercial properties.

A Bunnings that’s about to open its doors has hit the market amid hot buyer demand for the popular investments, in a rare opportunity to buy one of the warehouses for less than $25 million.

Property investment manager Newmark Capital is on the hunt for more large format retail assets after snapping up its sixth Bunnings Warehouse for $75 million.

Private investors priced out of bigger Bunnings Warehouse deals are chasing a rare opportunity to secure one of the popular investments – and at a more affordable price point.

The popular Bunnings chain is set to add an epic new store to its network, and it will be one state’s first three-storey hardware shop.

The former Bunnings site in Palmerston in the Northern Territory has sold to a developer for $7.5 million.

A Bunnings Warehouse in the inner Sydney suburb of Alexandria has just sold to an arm of the acquisitive Charter Hall empire for $70m.

The chance to own and occupy a recently vacated Bunnings Warehouse has the Northern Territory’s commercial property abuzz, with the property among the most-viewed commercial listings nationally over the past week.

Bunnings is bringing its Melbourne-based support teams together under one roof, as suburban office markets attract increased attention.