Commercial Property News about Bunnings

Bunnings managing director Michael Schneider says the hardware chain will continue to open more physical stores as it looks to connect with commercial and trade customers as well as everyday shoppers.

Owning your very own Bunnings warehouse may well be the ultimate renovator dream — especially if it earns over a million dollars in annual income.

From industrial gems to big-name brands to pubs linked to the underworld, Australia’s most-viewed commercial properties came in all manner of guises in 2018.

A Tasmanian Bunnings Warehouse that is the most-viewed commercial property of the year has set a record result at auction. The Bunnings site at Glenorchy, which attracted more views on Realcommercial.com.au than any other property …

The Royal Agricultural Society of Tasmania is set to sell the 4ha site on which the Glenorchy Bunnings Warehouse was built.

A site leased to Bunnings, three supermarkets, two service stations and a Harvey Norman outlet are among a deep list of properties that will go under the hammer as commercial agency Burgess Rawson celebrates its 125th investment portfolio auction.

Bunnings Warehouse-leased properties have been few and far between on the commercial market this year, and are among the industry’s hottest commodities when they do arise.

Two regional sales have been struck in NSW and Queensland, with property fund manager MPG Funds Management buying a Bunnings for $44.65 million and Shakespeare Property buying a Sunshine Coast resort and land parcel for about $100 million. 

Most property buyers turn to New South Wales’ famous Blue Mountains for the lifestyle or a major tree change. But it will be investors who descend on the popular region next month when a rare …