4404 Warrego Highway Plainland QLD 4341

Burgess Rawson are pleased to offer to the market Bunnings Plainland (QLD) 4404 Warrego Highway, for sale via Burgess Rawson SELECT Portfolio.

This opportunity has the following key investment highlights:

+ Leased to Bunnings Warehouse to 2031 plus eight (8) further six (6) year options
+ Blue-chip tenant, wholly owned by $81.9 billion**** Westfarmers Ltd, Top 10 ASX listed company
+ Commanding 21,650 sqm* site with unrivalled highway frontage to over 25,000** vehicles passing daily
+ Attractive net lease terms with tenant responsible for council rates, water rates, building insurance, public liability insurance and land tax
+ Immaculately constructed freestanding state-of-the-art 9,421sqm* NLA facility (43.5% site coverage), with 183 on-site car parks
+ Constructed in 2021 by Deluca, providing significant depreciation benefits estimated at 55% of year 1 Rent*
+ Strategically located site surrounded by Woolworths, McDonald's, KFC, Aldi and new $20 million Sophia College, all within 500 metres.
+ Perfectly positioned in a booming growth corridor area of the Lockyer Valley, only 45 Minutes from Queensland's Capital City of Brisbane, home to the 2032 Olympic Games with an estimated economic benefit of $8.1 billion to Queensland.*****
+ Plainland: Primary trade area population of 48,430, forecast to grow 31% by 2041***
+ Net Income: $1,006,893 pa* + GST

For Sale via Expressions of Interest
Closing 3pm (AEST), Wednesday 21 May 2025

* Estimated
** GapMaps
*** Location IQ
**** Wesfarmers 2025 Half-Year Results Presentation & ASX Statement (Released 20 February 2025)
***** KPMG