Bunnings, 74 Nyah Road,
Swan Hill, VIC 3585
Shops & Retail
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
04584888...
Bunnings, 74 Nyah Road
Swan Hill, VIC 3585
Map of Bunnings, 74 Nyah Road
Commanding Freestanding Bunnings in Thriving Activity Centre
- Highly coveted freestanding Bunnings
- 14 year net lease plus options
- Passive minimal management investment
Savills National Retail Investments are pleased to offer for sale, a 100% freehold interest in Bunnings Warehouse Swan Hill, Victoria.
The property represents a rare opportunity to secure a standalone Bunnings with long WALE, in the booming regional city centre of Swan Hill.
Bunnings Swan Hill offers the following notable features:
- Underpinned by security of the Wesfarmers Ltd covenant
- 14 year net lease plus 6 x 5 year options expiring 2059
- Tenant responsible for all outgoings as per lease
- Passive investment with minimal management
- Recent completion of upgrade works and subsequent lease extension
- Prominent town centre site of 16,638 sq m*
- Convenient onsite car parking for 140 vehicles
- Fixed annual increases of 2.5%, guaranteeing rental growth
- Dominance of catchment with nearest Bunnings 155km* in proximity (Bunnings Echuca)
- Booming regional centre servicing 38,000 people with economic output of $2.964b*
- Net Income: $721,689 p.a.* (May 2022)
Bunnings Warehouse Swan Hill is offered for sale by Expressions of Interest closing 3:00pm (AEST) on Wednesday 6 April 2022.
*Approx.
The property represents a rare opportunity to secure a standalone Bunnings with long WALE, in the booming regional city centre of Swan Hill.
Bunnings Swan Hill offers the following notable features:
- Underpinned by security of the Wesfarmers Ltd covenant
- 14 year net lease plus 6 x 5 year options expiring 2059
- Tenant responsible for all outgoings as per lease
- Passive investment with minimal management
- Recent completion of upgrade works and subsequent lease extension
- Prominent town centre site of 16,638 sq m*
- Convenient onsite car parking for 140 vehicles
- Fixed annual increases of 2.5%, guaranteeing rental growth
- Dominance of catchment with nearest Bunnings 155km* in proximity (Bunnings Echuca)
- Booming regional centre servicing 38,000 people with economic output of $2.964b*
- Net Income: $721,689 p.a.* (May 2022)
Bunnings Warehouse Swan Hill is offered for sale by Expressions of Interest closing 3:00pm (AEST) on Wednesday 6 April 2022.
*Approx.
Swan Hill, 3585 demographic data
Swan Hill and Regional Victoria have similar median household incomes, at $1,390. Swan Hill has a younger age profile compared to the rest of Regional Victoria (median age 38 vs 43). Property ownership data shows 45% of property owners in Swan Hill have a mortgage.
11,186
Population
$1,390 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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