Burgess Rawson are pleased to offer to the market Bunnings Plainland (QLD) 4404 Warrego Highway, for sale via Burgess Rawson SELECT Portfolio. This opportunity has the following key investment highlights: + Leased to Bunnings Warehouse to 2031 plus eight (8) further six (6) year options + Blue-chip tenant, wholly owned by $81.9 billion**** Westfarmers Ltd, Top 10 ASX listed company + Commanding 21,650 sqm* site with unrivalled highway frontage to over 25,000** vehicles passing daily + Attractive net lease terms with tenant responsible for council rates, water rates, building insurance, public liability insurance and land tax + Immaculately constructed freestanding state-of-the-art 9,421sqm* NLA facility (43.5% site coverage), with 183 on-site car parks + Constructed in 2021 by Deluca, providing significant depreciation benefits estimated at 55% of year 1 Rent* + Strategically located site surrounded by Woolworths, McDonald’s, KFC, Aldi and new $20 million Sophia College, all within 500 metres. + Perfectly positioned in a booming growth corridor area of the Lockyer Valley, only 45 Minutes from Queensland's Capital City of Brisbane, home to the 2032 Olympic Games with an estimated economic benefit of $8.1 billion to Queensland.***** + Plainland: Primary trade area population of 48,430, forecast to grow 31% by 2041*** + Net Income: $1,006,893 pa* + GST For Sale via Expressions of Interest Closing 4pm (AEST), Thursday 22 May 2025 * Estimated ** GapMaps *** Location IQ **** Wesfarmers 2025 Half-Year Results Presentation & ASX Statement (Released 20 February 2025) ***** KPMG
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic
Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt Street, Townsville-City, Qld
Propriété ID: 504836604
Originaire Propriété ID: 504836604