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20 Howard Road
Glenorchy TAS 7010
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Sold on 12 Dec 2018

20 Howard Road Glenorchy TAS 7010

  • Shop & Retail
  • 3.83 ha
  • Sold

Blue-Chip Bunnings Warehouse Freehold Investment

Large format Bunnings Warehouse, built 2015.
Irreplaceable 38,310 sqm Highway corner site.
Annual fixed 3% rent increases through to 2040.
Extremely rare 25 year triple net lease to 2040 plus 25 year option.
Bunnings Warehouse: Arguably Australia’s most dominant retailer with extraordinary 15.5% average annual sales growth since 1995.
Strategic 38,310 sqm freehold site with over 380 at-grade car spaces.
120 metres of exposure and easy access to the Brooker Highway.
As new 16,900 sqm facility constructed in 2015 at Bunnings’ cost, future proof with provision for 2,000 sqm on-site expansion.
Emerging large format retail precinct 6.5km from Hobart CBD, with a major Spotlight and Anaconda development proposed next door.
Hobart TAS: Australia’s #1 residential property market with 29.4% increase in construction (state) and 9.3% price growth (Hobart) since 2017.
Net rent: $439,555 pa

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold12 Dec 2018
Floor AreaAsk Agent
Land Area3.83 ha
ParkingAsk Agent
Property ID2014756758
Category
Last updated  13 Dec 2018
Map for 20 Howard Road Glenorchy TAS 7010

Nearest transport* to 20 Howard Road Glenorchy TAS 7010

Bus
Stop 36, No.29 Acton Cres299 m
Stop 26, No.32 Acton Cres325 m
Stop 32, No.107 Renfrew Circle341 m
No.46 Elwick Rd (express stop)366 m
Data source: Metro Tasmania Pty Ltd (Metro)
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold12 Dec 2018
Floor AreaAsk Agent
Land Area3.83 ha
ParkingAsk Agent
Property ID2014756758
Category
Last updated  13 Dec 2018

Listed by

Burgess Rawson VIC Pty Ltd
Call
03 9613 0400

More about 20 Howard Road Glenorchy TAS 7010

20 Howard Road Glenorchy TAS 7010 is categorized as Shop & Retail Property. It has a land area of 3.83 ha. The listing ID for this property is 2014756758.

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