Lismore

Project Description

The property was developed by BBC Hardware Limited in 2001, and purchased by the Trust in April 2004. The property is positioned on the eastern side of the Bruxner Highway, in an established industrial area. The property has 110 metres frontage to Bruxner Highway, and is readily accessible from the Bruxner Highway or alternatively via Three Chain Road. The property has 215 car bays and the timber drive-through access is via the right of way to the rear of the property. A store expansion was completed in August 2015 at a cost to the Trust of $4,600,000. On completion, Bunnings and the Trust entered into a new 12-year lease with 4 x 5 year options.

Land area

20,620 m²

The total GLA/retail area

9,892 m² *

Lease Commencement Date

21/4/2004

Total Property Cost

$14,044,106

Current valuation

$24,000,000

Annual Rent

$1,381,961

Project Location

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