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Burgess Rawson - Melbourne

Bunnings Warehouse, 20 Howard Road Glenorchy, TAS 7010

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Bunnings Warehouse, 20 Howard Road,
Glenorchy, TAS 7010

Shop & Retail • Showrooms & Bulky Goods • Warehouse, Factory & Industrial

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Burgess Rawson - Melbourne
Bunnings Warehouse, 20 Howard Road
Glenorchy, TAS 7010
Scott Meighan
Billy Holderhead
Jamie Perlinger

Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

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Blue-Chip Bunnings Warehouse Freehold Investment

  • Unique 25 Year Triple Net Lease
  • Annual Fixed 3% Rent Increases
  • Net Rent $439,555pa
Large format Bunnings Warehouse, built 2015.
Irreplaceable 38,310 sqm Highway corner site.
Annual fixed 3% rent increases through to 2040.
Extremely rare 25 year triple net lease to 2040 plus 25 year option.
Bunnings Warehouse: Arguably Australia’s most dominant retailer with extraordinary 15.5% average annual sales growth since 1995.
Strategic 38,310 sqm freehold site with over 380 at-grade car spaces.
120 metres of exposure and easy access to the Brooker Highway.
As new 16,900 sqm facility constructed in 2015 at Bunnings’ cost, future proof with provision for 2,000 sqm on-site expansion.
Emerging large format retail precinct 6.5km from Hobart CBD, with a major Spotlight and Anaconda development proposed next door.
Hobart TAS: Australia’s #1 residential property market with 29.4% increase in construction (state) and 9.3% price growth (Hobart) since 2017.
Net rent: $439,555 pa

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Property ID: 503011738Last Updated: 22 Nov 2019

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Knight Frank - Tasmania
Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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Scott Meighan

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Scott Meighan
Burgess Rawson - Melbourne
Bunnings Warehouse, 20 Howard Road Glenorchy, TAS 7010

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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