Commercial Property News about Bunnings

Three more former Masters sites have changed hands for a total of $70 million as properties once-controlled by retail giant Woolworths’ home improvement venture are seized by new owners.

The acquisitive Charter Hall’s property funds empire has topped $20 billion with further growth in the offing as the company holds a $3 billion war chest back for its ­expansion.

Charter Hall Group has snapped up a Bunnings Warehouse retail property in Burnie, on the north coast of Tasmania, with the $21 million asset to seed a new fund. This article originally appeared on theaustralian.com.au/property.

A Melbourne family has landed the Bunnings Warehouse store at Colac in Victoria’s west for $7.8 million.

Bunnings Warehouse has opened its third UK store as the Australian home and hardware chain’s overseas expansion gathers pace.

A Bunnings Warehouse at Colac regional Victoria is the latest in the highly sought after hardware chain’s stores to be offered up for investors.

A Bunnings Warehouse in regional Victoria and a slew of childcare centres were among more than $100 million worth of properties that changed hands at the latest Burgess Rawson investment auctions.

They’re one of Australia’s most popular commercial property investments, so Bunnings-leased properties don’t tend to come cheap. Many Bunnings stores sell for well in excess of $10 million, with some selling for as much as $40 …

A new Bunnings Warehouse still months away from being completed in regional Victoria will be the first Bunnings to be owned by a Chinese investor, after selling on a record yield.