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New Bunnings Warehouse Freehold Investment

2 Walter Road, KINGAROY QLD, 4610

Sold

Property Sold in 2 Walter Road, KINGAROY QLD, 4610

Listing ID:
11347176
Status:
Sold
Price:
On Request
Last Updated:
28/06/2019
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Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

24200 SQM
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Floor Area

0 SQM
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Parking

N/A

New Bunnings Warehouse Freehold Investment

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

For more details, please email agent


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Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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