Secure lease to Bunnings to 2022 Plus Options
15 year lease plus options through to March 2032.
Annual fixed rent increases.
Lessee pays all usual outgoings including Land Tax.
Bunnings: market leader and wholly owned by Wesfarmers Limited (top ASX company), 'Home Improvement' division half year sales up 10.4% to over $4.43 Billion (Dec 2013).
Successful 10,510 sqm DIY Hardware and Trade site.
Recently improved 5,094 sqm buildings with easy trade drive through, plus generous nursery and secured timber yard areas.
Taxation saving depreciation.
Warragul: thriving regional business Centre, 100 km east of Melbourne, trade catchment 30,000+ and growing.
Rent: $405,891 pa.
Auction 11am Wednesday 14 May
Temporary Relocation: Crown Conference Centre
25 Whiteman St, Southbank, Opposite Crown Towers