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Burgess Rawson - Brisbane

Bunnings, 89 West Street Mount Isa, QLD 4825

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Bunnings, 89 West Street,
Mount Isa, QLD 4825

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

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Burgess Rawson - Brisbane
Campbell Bowers

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
Bunnings, 89 West Street
Mount Isa, QLD 4825

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Brand New Standalone Bunnings Investment

  • Brand new 10 year lease
  • 64% year 1 rent potentially tax free
  • Favourable net lease terms
Brand new 10-year lease to 2032 plus options to 2080.
Secured by Bunnings Group Limited, Australia’s leading DIY home improvement retailer.
Bunnings recently announced a 26.1% sales growth over the past 2 years (1).
Favourable, set-and-forget, net lease terms.
Annual rent reviews.
Brand new development, opened in February 2022, with 64% of year 1 rent ($442,000) potentially tax deductible (2).
15,430sqm corner landholding with 165 at-grade car spaces.
Strategic location in major regional hub supported by Coles, Kmart, Woolworths, KFC and McDonald’s, all within 1km.
Mount Isa: median house price up 23% in the last 12 months (3).
Net Income: $695,000pa*

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 11 May 2022
Crown - Melbourne

*Approx
1 Wesfarmers
2 Mazo Pty Ltd
3 CoreLogic

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Property ID: 504049235Last Updated: 11 Jul 2022

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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