Bayswater

Project Description

The property is located on Canterbury Road, a major arterial road, approximately 30 kilometres east of the Melbourne central business district. A variety of highway showroom and industrial premises are located along the north side of Canterbury Road followed by residential housing. Canterbury Road exposes the property to significant volumes of traffic flowing from the residential areas of the Yarra Ranges to the middle distance suburbs of eastern Melbourne. The site comprises a Bunnings Warehouse with a total retail area of 15,193 square metres, as well as two showrooms leased as outlets for Boating Camping Fishing (1,378 sqm) and Autobarn (1,106 sqm). The property is accessible from Canterbury Road and has over 400 car bays.

* Relates to Bunnings Warehouse only

Land area

48,620 m²

The total GLA/retail area

17,677 m²

Lease Commencement Date

21/4/2004 *

Total Property Cost

$17,776,693

Current valuation

$40,600,000

Annual Rent

$2,477,693

Project Location

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