Bunnings building in Warragul on the sales block

Bunnings building in Warragul on the sales block
Bunnings building in Warragul on the sales block

Savills are marketing an opportunity to buy a Bunnings, Australia's largest hardware chain.

While it's not the Bunnings for sale, but the premises it resides. The Wesfarmers owned company have a secure lease, with two five year options to extend to 2032.

They currently pay $448,000 per annum.

The Warragul property at 9 June Court, 100 kilometres south-east of Melbourne, last traded for $6,425,000 in 2016.

Bunnings building in Warragul on the sales block

There's a catchment population of 50,000 which is projected to grow by more than 20% by 2026.

It sits on over one hectare and spans 5,100 square metre of building, with easy trade drive through, nursery and secure timber yard.

Savills listing agents Benson Zhou and Clinton Baxter suggest the property is unrivalled in one of Victoria's fastest growing regions.

The property won't go under the hammer, instead they are running an expressions of interest campaign until June 26.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Bunnings Warragul

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