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540 Yaamba Road, Rockhampton City QLD 4700

  • Retail
  • Floor Size17,510 m²
  • PriceExpressions of Interest

Bunnings Anchored Retail Investment, Rockhampton

  • Dominant Bunnings Anchored Centre
  • Long Lease Security
  • High Exposure Location on Bruce Highway

The property comprises a dominant Bunnings anchored centre, and is Rockhamptons only Bunnings supported by a freestanding large format retail building featuring four tenancies including Autobarn, Freddys Fishing World & Outdoors and Petstock. The centre features extensive grade level parking for 448* vehicles including 108* under shade sails.

Bunnings Centre Rockhampton is located in the suburb of Norman Gardens, Rockhampton 7km* kilometres north of the Rockhampton CBD and centrally located in the large format retail precinct of Rockhampton. The property boasts excellent access and exposure to Yaamba Road, the local section of the Bruce Highway which carries an average daily traffic volume of over 25,900* vehicles per day or circa 9.4million* vehicles annually. (Source: QLD DTMR)

Key highlights include:

Dominant Bunnings anchored centre supported by Autobarn, Freddys Fishing World & Outdoors and Petstock

Anchored by the only Bunnings in an expansive trade area of 230,000* people which is forecast to grow to over 253,000* by 2031^

Long lease security featuring a WALE of 8.36 years* by area including Bunnings lease to 2030 plus options to 2078. Bunnings occupy 76.7%* of GLA

High exposure location on the Bruce Highway with exposure to 9.4 million* vehicles passing per per annum

Dominant location located in Rockhamptons dominant retail and large format retail precinct

Modern centre developed in late 2013 with strong depreciation benefits

Attractive net lease profile including recovery of the majority of Land Tax

Estimated Net Income $2,605,820pa* (fully leased)

*Approximate
^Source: Location IQ

For sale by Expressions of Interest closing 3pm Monday 3 June 2019.

EXPRESSION OF INTEREST

Closing date and time03/06/2019 03:00
Recipient nameAsk Agent
Delivery addressSavills Brisbane

Property Highlights

Property ID2015276217
Floor Area17,510 m²
Land Area5.5 ha
Parking448 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 May 2019
Map for 540 Yaamba Road, Rockhampton City QLD 4700
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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