New 12 Year Lease to Bunnings + Options
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
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Kempsey, VIC
123 Smith Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 129