SOLD property

Bunnings Bundaberg

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For INTEREST

Development / Land, Retail/Shops/Shopping Ctrs/Service Stns,…
Land size:
20890 sq.m
Building size:
9612 sq.m
Property ID:
350807

Main content:

Oustanding Bunnings Warehouse Acquisition Opportunity

An opportunity to acquire a quality property leased to a prestigious blue chip tenancy with net lease terms, Bunnings Bundaberg dominates a large and growing trade area with limited competition. The property represents an outstanding land bank opportunity, having unrivalled position, outstanding exposure and a 3d Commercial zoning allowing retail (subject to council approval).

Summary

Building Area
9,612 m²
Land Area
20,890 m²
Occupancy
leased investment
Parking Spaces
248

Expression of Interest Information

EOI Close Date
15/07/2009 16:00:00
Recipient Name
Carl Molony

Lease Information

Rental (p/a)
$800,000 (GST n/a)
Outgoings Paid By
tenant
Est. Outgoings (pa)
$110,000.00
Lease Starts
27/08/2002
Lease Ends
26/08/2012
Options
2 x 5 year
Rent Review
CPI annually, no greater than a10% uplift on the previous year’s, but not less than the previous year.

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