Bunnings Warehouse, 2 Walter Road Kingaroy, QLD 4610
2.42ha (5.98 acres)
28 Jun 2019
New Bunnings Warehouse Freehold Investment
- New, freestanding Bunnings investment
- Full 10 year lease term plus options
- Includes 3,190 sqm land for expansion
Bunnings: Arguably Australia’s best retailer with 15.5% average annual sales growth since 1995.
New 10 year lease plus 8 x 6 year options.
Annual 2.5% rent increases, ensuring strong and certain rental growth.
Bunnings pays all usual outgoings, including Land Tax.
Strategic highway site, future proof with 3,190 sqm of land for potential on-site expansion.
Significant depreciation benefits, estimated 56% rent potentially tax free in first year*.
Complementary surrounding tenancy mix including Harvey Norman, BCF, Ford, Hyundai, Nissan and Mitre 10.
Kingaroy: Robust commercial hub 155km* from Brisbane with estimated 32,555^ trade catchment, known as the Peanut Capital of Australia.
* Napier and Blakeley
Property ID: 503198598Last Updated: 18 Aug 2019