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199-203 Farm Street Kawana, QLD 4701

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199-203 Farm Street,
Kawana, QLD 4701

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail

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PRIME INDUSTRIAL INVESTMENT - TENANTED BY BUNNINGS

Anchored by Bunnings Group LTD is this prime investment opportunity in the heart of the North Rockhampton Industrial Precinct. Bunnings have occupied the shed since 2011 and have a current term until 2022 with 3 x 5 year options. Bunnings use this facility to accommodate the large number of tradesman that frequent the area allowing them faster access and service than the larger retail Bunnings store located nearby.

The property is improved with two large sheds totaling circa 1,500 sqm on a concrete hardstand area of circa 5,150 sqm.

- Shed 1 - Circa 830 sqm
- Shed 2 - Circa 700 sqm
- Net return of $197,000 per annum
- Tenant pays outgoings

The property also has a further 2,428 sqm of hardstand not leased by Bunnings Group which could be leased separately.

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Property ID: 503270718Last Updated: 3 Sep 2021

04882701...
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199-203 Farm Street
Kawana, QLD 4701
Knight Frank - Rockhampton
Level 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700
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