Premier Retail Investment - Bunnings Warehouse

SOLD

Cnr Ipswich Motorway and Blunder Road

Oxley QLD 4075

Retail

FOR SALE

30000m2

- Secure 10 year lease to May 2015 + options
- 11kms south-west of Brisbane CBD
- Prime corner location, surrounded by McDonalds, Harvey Norman, The Good Guys, Super Amart & Officeworks
- Major arterial road exposure to six lane Ipswich Motorway
- Strategic site with unlimited growth potential
- Massive 28,340m² land area
- Modern 15,528m² enclosed retail area
- 290 on-site car spaces
- Substantial taxation saving depreciation allowances
- Tenant pays all outgoings as per lease (ex. Land Tax)
- Easily managed single tenanted investment

Current Net Rent: $1,170,557 p.a. (approx. + GST)
Increasing to $1,223,232 p.a. (approx. + GST)
(assuming CPI of 4.5% at May 2009 review)