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Sold on 28 Jun 2019

2 Walter Road Kingaroy QLD 4610

  • Retail
  • Land Size2.4 ha
  • PriceSold

New Bunnings Warehouse Freehold Investment

Brand new freestanding Bunnings Warehouse investment.
Bunnings: Arguably Australias 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

Property Highlights

Property ID2015288080
Date Sold28 Jun 2019
Floor AreaAsk Agent
Land Area2.4 ha
ParkingAsk Agent
Category
Last updated  28 Jun 2019
Map for 2 Walter Road Kingaroy QLD 4610
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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