New Freestanding Bunnings Warehouse in Key Growth Corridor


Brand new 10 year lease to Bunnings Warehouse, plus options.
Blue-chip tenant, wholly owned by $62 billion Wesfarmers Limited, recently announced a 39% increase in first half earnings.
Booming growth corridor location, 60 km west of Brisbane CBD, median house price up 26% since April 2020**.
Primary trade area population of 48,430, forecast 31% growth by 2041***.
Strategic gateway site surrounded by Woolworths, McDonald’s, KFC, Hungry Jack’s, Aldi (under construction) and new $20 million Sophia College, all within 500 metres.
Brand new freestanding store, opened 5th June 2021, 58% of year 1 rent potentially tax deductible****.
Attractive net lease terms with the tenant responsible for council rates, water rates, building insurance, public liability insurance and land tax.
Net rent: $935,000 pa

Proudly developed by De Luca.

Auction Wednesday 23 June 2021
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

***Location IQ
****Napier & Blakeley

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Contact agents
Billy Holderhead Partner
0422 817 696
Beau Coulter Partner
0413 839 898
Jamie Perlinger Head of Agency | Partner
0413 860 315
Andrew Havig Partner
0478 010 990
Zomart He Partner
0488 220 830
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Plainland, QLD

4404 Warrego Highway

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 145

Contact agents