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New Bunnings Warehouse Freehold Investment

2 Walter Road , Kingaroy QLD

Property Highlights

New, freestanding Bunnings investment
Full 10 year lease term plus options
Includes 3,190 sqm land for expansion

Description

Brand new freestanding Bunnings Warehouse investment.
Bunnings: Arguably Australia’s best retailer with 15.5% average annual sales growth since 1995.
New 10 year lease plus 8 x 6 year options.
Annual 2.5% rent increases, ensuring strong and certain rental growth.
Bunnings pays all usual outgoings, including Land Tax.
Strategic highway site, future proof with 3,190 sqm of land for potential on-site expansion.
Significant depreciation benefits, estimated 56% rent potentially tax free in first year*.
Complementary surrounding tenancy mix including Harvey Norman, BCF, Ford, Hyundai, Nissan and Mitre 10.
Kingaroy: Robust commercial hub 155km* from Brisbane with estimated 32,555^ trade catchment, known as the Peanut Capital of Australia.

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* Napier and Blakeley

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
24,200 SQM
Building Area
0 SQM

Price

On Request

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