Bunnings acquires Betty Klimenko family-owned Supa Centa at Tuggerah

Larry SchlesingerDecember 7, 2020

Bunnings has acquired the Supa Centa at Tuggerah on the NSW Central Coast, owned by Betty Klimenko’s family real estate group Terrace Tower.

Terrace Tower was founded by Klimenko’s father, the late John Saunders, co-founder of the Westfield Group.

The centre is located at the corner of Wyong Road and Bryant Drive in Tuggerah and is billed as the Central Coast’s largest home & lifestyle centre.

Tenants include The Good Guys, Bunnings Warehouse, Spotlight, Nick Scali, Fantastic Furniture and Bing Lee.

Other commercial properties owned by Terrace Tower include the Eastgardens shopping centre and Moore Park Supa Centre in Sydney’s eastern suburbs and the Crowns Gardens apartment block in East Sydney.

Klimenko, with her distinctive pink hair and tattoos, is a motorsports fanatic and owns the Erebus Motor Sport team, which raced a Mercedes at the V8s in Adelaide earlier this year.

Bunnings plans to increase the size of the store, one of the better performing in the group, and give it a more modern format, Fairfax reported.

Bunnings is owned by Wesfarmers.

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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