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727 Gympie Road Lawnton QLD 4501

  • Retail
  • Floor Size6,784 m²
  • PriceCommercial Auction

New Freestanding Brisbane Bunnings Freehold Investment

Significant, high-profile site 21 km to Brisbane CBD, occupied by Bunnings since 2001.
Store completely rebuilt and foot print expanded by approximately 41% before reopening on 3 June 2019.
Brand new 10 year lease to Bunnings (plus options), arguably Australias best retailer with 15.5% average annual sales growth since 1995.
Supported in the Gympie Road retail corridor by Super Cheap Auto, Coles Express, Amart Furniture, PETstock, BCF, Petbarn, Chemist Warehouse, Australia Post, Toyworld, Medical Centre, Rebel Sport, Autobarn, Bob Jane T-Marts, Beaurepairs, Repco, Midas, Dulux, National Tiles, Lawnton Country Markets Shopping Centre and more.
Lawnton is a southern gateway suburb of the Moreton Bay growth region, where the LGA population has increased 39% since 2006*.
Evolving precinct with Lawnton Train Station just 750 metres away and 83,630 residents and 29,082 households within 5km**.
New 7 level apartment building recently completed on the opposite side of Gympie Road, pointing to future mixed-use development opportunities in the surrounding area.
Annual compounding 2.5% rent increases, ensuring strong and certain rental growth.
Attractive, net Lease terms, where Bunnings pays all usual outgoings, including land tax.
Major depreciation benefits, estimated 49.6% of Year 1 rent potentially tax free***.
Rare sub-$20 million metropolitan Bunnings freehold investment opportunity, just 2 have sold on-market since 2016.
Rent: $875,000pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

** Gap Maps
*** Napier & Blakeley

Auction date and time07/08/2019 11:00
Auction location727 Gympie Road, Lawnton QLD

Property Highlights

Property ID2015432885
Floor Area6,784 m²
Land Area1.3 ha
ParkingAsk Agent
Annual ReturnAsk Agent
Last updated  11 Jul 2019
Map for 727 Gympie Road Lawnton QLD 4501
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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