The freehold investment interest of the Bunnings Warehouse Atherton for sale exclusively by JLL’s Christian Tsalikis & Tom Gleeson along with JLL Retail Investments Ned Mckendry via an Expression of Interest process.
The freehold investment interest of the Bunnings Warehouse in Atherton is being offered for sale exclusively by JLL Hotels & Hospitality Group’s Christian Tsalikis & Tom Gleeson along with JLL Retail Investments Ned Mckendry via an Expression of Interest process.
Situated across an expansive combined total of 3,717sqm, Bunnings Warehouse, Atherton is located within the heart of Atherton Tablelands in a fast-growing regional town approximately 80km* south-west of Cairns.
Christian Tsalikis commented on Atherton region with a current Population of 8,140, Projected Growth: 9,021 (1.1% growth p.a.) by 2031 whilst the Tablelands Region’s GRP was $1.4bn (an increase of 7.3% on previous year)
The Atherton investment is located on Main and Mabel Streets on a prime 3,717sqm site Leased to Australian heavyweight, Bunnings Warehouse, to 2027 with a further 3 x 5 year options. Current rental income of $228,019* (excl. GST) per annum.
Tom Gleeson said, “Bunnings forms part of the Wesfarmers conglomerate which has grown into one of Australia’s largest listed companies. “
Mr Ned Mckendry, Executive JLL Retail Investments, said “Bunnings will always present an outstanding investment opportunity to acquire a leading Australian covenant as has been seen by the robust demand and sales across the country”
The Bunnings Warehouse, Atherton is being offered for sale via an Expression of Interest process by JLL Hotels & Hospitality Group’s Christian Tsalikis & Tom Gleeson along with JLL Retail Investments Ned Mckendry. The Expression of Interest close date is set for Thursday, 24th November 2022 (if not sold prior).
To request a copy of the Information Memorandum please contact one of the marketing agents JLL Hotels & Hospitality Group’s Christian Tsalikis & Tom Gleeson along with JLL Retail Investments Ned Mckendry via the contact details below.
Related Reading:
Queensland Tablelands Region Atherton Hotel for sale - JLL | The Hotel Conversation
Port Botany Industrial Investment property for sale by JLL South Sydney | The Industrialist
Albury Convenience Centre sold to Melbourne based Collective Capital for $29,500,000 by JLL | Commo.