Bunnings: market leader and wholly owned by Wesfarmers Limited, an ASX top 10 company
Securely leased to August 2022 plus 4 x 5 year options
Unrivalled covenant, Bunnings Group half year sales up 5.7% to over $4 billion (Dec 2012)
Irreplaceable 8,212m2* island site, zoned Business 1
Strategic CBD location, integrated with major Mirvac Shopping Centre anchored by Coles, Woolworths, Target, etc
Modern 4,695m2* buildings recently refitted by Bunnings
Sale: Important regional city with 31,000 +trade catchment
Annual fixed 3% rent increases / tenant pays outgoings
Rent: $477,508 pa*
*Approx.
Interstate and local bidding is available by prior arrangements.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 75
11AM (AEST)
10th April 2013
River Room Crown Casino
Southbank, Melbourne