Brand new 12 year lease to Bunnings Group Limited, subsidiary of Wesfarmers Limited.
Recently constructed and well performing store of 8,945sqm*
Favourable net lease structure with fixed annual increases of 3%
Conveniently configured store benefiting from 270* at grade car spaces
Strategically positioned to benefit from the vast retail catchment which is experiencing consistent growth in population
Substantial site of 23,000sqm*, prominently positioned close to the town centre, on the major highway connecting northern Victoria
Net income of $675,000pa*