Albany

Project Description

A high clearance warehouse trading as a large format retail outlet with associated car parking. The subject property is situated prominently on the eastern side of Albany Highway, at its intersection with South Coast Highway, North Road, Chester Pass Road and Hanrahan Road approximately one kilometre from the Albany town centre. This intersection is formed by a large roundabout which facilitates access to the property. Land area includes additional land (1.2 hectares) for which Bunnings Group Limited pays the Trust an access fee of $211,882 per annum.

Land area

31,651 m²

The total GLA/retail area

13,660 m²

Lease Commencement Date

1/11/1999

Total Property Cost

$6,995,464

Current valuation

$8,700,000

Annual Rent

$904,854

Project Location

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