Bunnings: market leader and wholly owned by Wesfarmers Limited, an ASX top 10 company.
Securely leased to March 2022 plus 2 x 5 year options.
Unrivalled covenant, Bunnings Group half year sales up 5.7% to over $4 billion (December 2012).
Significant and proven 10,510m2* DIY Hardware/Trade site.
Modern 5,094m2* buildings with drive through plus generous nursery and secured yard areas.
Annual fixed rent increases / Tenant pays outgoings including Land Tax.
Rent currently at $77m2*.
Warragul: major regional centre 100km* from Melbourne, trade catchment 30,000* and growing.
Rent: $395,992 pa*.
*Approx.
Interstate and local bidding by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 76.
11AM (AEST)
15th May 2013
River Room Crown Casino
Southbank, Melbourne