SOLD
SOLD
SOLD
SOLD
SOLD

New 12 Year Lease to Bunnings + Options

123 Smith Street , Kempsey VIC

Description

Bunnings Warehouse: arguably Australia’s most dominant retailer
Wide 44 metre retail frontage with multidirectional Pacific Highway access
Modern facility of 3,297 sqm
Ample parking with 48 on-title car spaces
Growing Mid-North Coast trade catchment, of 30,000 people
Surrounding major brands
Guaranteed growth: 3% annual increases
Bunnings pay all usual outgoings, as per lease, including land tax (SHB)

+ Massive 6,947 sqm site
+ Long established and successful Bunnings
+ 12 year lease commenced June 2012 plus options to 2049
+ Income: $344,364 pa + GST (June 2019)

For more information on this property and other auction listings visit:
www.inv estmentportfolioauction.com.au

Darren Beehag 0411 226 223
dbeehag@burgessrawson.com.au

Billy Holderhead 0422 817 696
bholderhead@burgessrawson.com.au

*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Large Format Retail
Land Size
6,947 SQM
Building Area
3,297 SQM

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