In September 2012, the Trust purchased Home Gladstone; an established Bunnings Warehouse and seven large format retail showrooms in the Gladstone suburb of Clinton, Queensland. The property was acquired from an institutional owner for $28.6m (including acquisition costs). The 5.5 hectare property is situated on the south-eastern side of the Dawson Highway approximately six kilometres south-west of Gladstone's business centre and less than a kilometre south from the Gladstone Airport.
The property comprises a total lettable area of 21,511 square metres with approximately 527 car parking spaces. In addition to the Bunnings, the tenants for the remaining showrooms include Harvey Norman, Pillow Talk, BCF, Betta Electrical, Chemist Warehouse and Port City Pet World.
Level 14 Brookfield Place,Tower 2,123 St Georges Terrace,PERTH WA 6000
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