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  • Sold
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #1
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #2
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #3
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #4
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #5
Bunnings Warehouse, Munno Para West on 12yr Lease with 3% pa Rent Reviews - #6

For Sale

Expressions of Interest closing 12th Aug 2021 Colliers
Colliers is delighted to offer for sale Bunnings Warehouse, Munno Para West. This modern, 16,936 sqm GLAR Bunnings Warehouse is secured by a 12 year lease, expiring August 2028 with extensive options to 2064 and an attractive near net lease structure with rare 3% fixed annual rent reviews. This single tenanted, passive investment returns an NOI of $2.075 million per annum as at August 2021.

The substantial 4.11 hectare land holding is located approximately 38 kilometres north of Adelaide CBD, strategically positioned within the booming northern growth corridor. The City of Playford, with a current population of 100,700, is forecasting 15,500 new homes to accommodate over 30,000 additional residents over the next 15 years^ via a number of major residential estates which are anticipated to deliver over 3,700 homes within 2.5 kilometres of Bunnings Warehouse, Munno Para West.

This exceptional investment offering is being exclusively marketed by Colliers via an Expressions of Interest (EOI) campaign closing 2.00pm (AEST) on Thursday, 12 August 2021.

^forecast.id/playford
  • 30/08/2021
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