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Brand New Bunnings, New 12 Year Net Lease to 2027

74 Nyah Road, SWAN HILL VIC

Description

Brand new 12 year net lease to Bunnings.
Opened May 2015.
Bunnings is a division of Wesfarmers Limited, an ASX listed top 10 company.
Bunnings sales exceeded $8.5billion in 2013/14.
Fixed annual 2.5% rental increases.
Premium net lease, tenant pays outgoings including land tax.
Latest building design with an area totaling 5,847 sqm.
Building comprises of main warehouse, timber yard and nursery.
Substantial depreciation benefits.
Significant 16,600 sqm corner site with 4 street frontages.
Swan Hill: Thriving Murray River regional city.
Rent: $560,000 pa + GST.

Auction 11am AEST Wednesday 5 August
River Room, Crown Casino Melbourne

Property Details

Listing
Sale
Land Size
16,630 SQM
Building Area
5,847 SQM

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