As at 31 December 2021 - BWP Trust
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As at 31 December 2021
Albany 348‐354 Albany Highway, Albany, Western Australia LOCATION SUMMARY The property is situated Hanrahan Road approximately one Land area includes additional land prominently on the eastern side of kilometre from the Albany town (1.2 hectares) for which Bunnings Albany Highway, at its intersection centre. This intersection is formed Group Limited pays the Trust an with South Coast Highway, North by a large roundabout which access fee of $211,882 per annum. Road, Chester Pass Road and facilitates access to the property. 31,651 13,660 $787,248 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 1/11/1999 $7,028,642 $10,200,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Artarmon
71 Reserve Road, Artarmon, New South Wales
LOCATION SUMMARY
The property was developed kilometres north of the Sydney and escalators. The property
by BBC Hardware Limited in central business district. has 310 undercover car bays.
2000, and purchased by the The development comprises
Trust in February 2003. three levels; a high clearance
The property is located in an retail space over two levels of
established industrial area six undercover basement car
parking accessible by elevators
6,753 5,746 $1,705,451
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
9/02/2003 $16,171,519 $31,000,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Arundel 292 Brisbane Road, Arundel, Queensland LOCATION SUMMARY The property is situated on the the immediately surrounding Gold Coast Highway (forms southern side of Brisbane area comprises a variety of part of Brisbane Road) and the Road approximately 67 light industrial and showroom Pacific Motorway. Helensvale kilometres south‐east of the facilities. The property has Railway Station is situated Brisbane central business convenient access to major approximately 4 kilometres district. Development within road networks, especially the north west of the property 36,760 15,676 $2,607,333 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 16/09/2013 $28,111,768 $44,100,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Australind 58 The Promenade, Australind, Western Australia LOCATION SUMMARY The property fronts Ditchingham 'Treendale Estate'; a master be supported by the Treendale Place and Kingston Drive in planned community situated three District Centre comprising a range Australind, 148 kilometres south kilometres east of the existing of retail, community and of the Perth central business Australind Town Centre. The estate entertainment infrastructure in district and 11 kilometres north‐ commenced development in 2003, addition to a lifestyle village and east of the Bunbury City Centre. comprising in excess of 1,000 lots. aged care facilities. The property is situated within the The residential development will 28,454 13,700 $1,449,093 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 15/06/2015 $18,329,102 $25,200,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Balcatta 191 Balcatta Road, Balcatta, Western Australia LOCATION SUMMARY The property is located in the consists of office/warehouse Balcatta is a highly regarded Balcatta commercial/industrial premises together with retail commercial/industrial areas of precinct, approximately 12 showrooms along the main the metropolitan region due kilometres north of the Perth thoroughfares of Erindale and mainly to its proximity to central business district, on Balcatta Roads. established urban areas and the north eastern corner of A number of major companies the ease of access to the city Balcatta and Erindale Roads. such as Foodland, Berrivale centre via the Mitchell Development within the and Peters have established Freeway. proximity of the property major operations in the area. 43,196 25,439 $2,247,505 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $12,205,526 $40,900,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Bayswater 183‐225 Canterbury Road, Bayswater, Victoria LOCATION SUMMARY The property is located on Canterbury Road exposes the of 15,193 square metres, as well Canterbury Road, a major arterial property to significant volumes of as two showrooms leased as road, approximately 30 kilometres traffic flowing from the residential outlets for Boating Camping east of the Melbourne central areas of the Yarra Ranges to the Fishing (1,378 sqm) and Autobarn business district. A variety of middle distance suburbs of (1,106 sqm). highway showroom and industrial eastern Melbourne. The property is accessible from premises are located along the The site comprises a Bunnings Canterbury Road and has over 400 north side of Canterbury Road Warehouse with a total retail area car bays. followed by residential housing. 48,620 17,677 $2,637,039 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 21/04/2004* $22,482,347 $43,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *relates to Bunnings Warehouse only
Belmont North 187 Pacific Highway, Belmont North, New South Wales LOCATION SUMMARY The 4.0 hectare property is is zoned 'B4 Mixed Use' and 'B7 Newcastle is one of two major positioned on the east side of the Business Park' which allows a coastal regional cities of New Pacific Highway in a relatively wide array of uses South Wales, situated service/commercial locality of including large format retail, child‐ approximately 170 kilometres North Belmont, approximately 16 care, medical, neighbourhood north of Sydney. kilometres south of the Newcastle shops, office, hotel and multi‐ central business district. The land dwelling housing. 40,380 12,640 $1,231,217 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 5/03/2001 $12,406,934 $9,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Belmont Corner Abernethy and Alexander Road, Belmont, Western Australia LOCATION SUMMARY The property is located on the the Perth central business district. both major north‐east to west corner of Abernethy and Abernethy Road is a main arterial arterial roads in the area. Alexander Roads in Belmont, road that connects Leach Highway approximately six kilometres from and the Great Eastern Highway, 22,131 10,381 $1,630,966 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 31/03/2011 $17,611,244 $28,400,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Belrose Austlink Corporate Park, Niangala Close, Belrose, New South Wales LOCATION SUMMARY The property was developed property is located in the readily accessible from the by BBC Hardware Limited in Austlink Corporate Park, 20 adjacent Mona Vale Road, an 1998 and purchased by the kilometres north of the Sydney arterial road which links the Trust in February 2003. The central business district, and is Pacific Highway with the coast. 24,530 8,888 $2,107,356 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 9/03/2003 $18,661,575 $38,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Bethania 9 Glasson Drive, Bethania, Queensland LOCATION SUMMARY The property is located in the comprises industrial proposed for a supermarket, suburb of Bethania, 33 complexes to the north and specialty shops and large kilometres south‐east of the west and residential to the format retail showrooms. An Brisbane central business south. Adjoining the property Aldi supermarket is situated district. Surrounding to the east is a vacant directly opposite the property development predominantly development site which is to the north east. 32,390 13,494 $2,120,303 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 16/09/2003 $23,081,685 $35,600,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Bibra Lake
Corner Spearwood Avenue and Stock Road, Bibra Lake, Western Australia
LOCATION SUMMARY
The property is located in the Spearwood Avenue and Stock Both the Hamilton Commercial
suburb of Bibra Lake, Road, which carry high Centre and the adjacent Bibra
approximately 18 kilometres volumes of passing traffic. The Lake industrial area are
south of the Perth Central popular Stock Road and the enveloped by residential
Business District and seven Hamilton Commercial Centres development. The property is
kilometres south east of are nearby, which include readily accessible to the
Fremantle City Centre. showroom and factory immediate surrounding and
The property is prominently developments. more distant suburbs via the
positioned with frontages to nearby Kwinana Freeway and
other main roads.
31,651 14,141 $1,665,178
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
1/11/1999 $9,050,627 $29,000,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONBrendale Corner Kremzow and Old North Roads, Brendale, Queensland LOCATION SUMMARY The property is located at the development includes CSR's an Aldi distribution centre. corner of Kremzow and Old former PGH Brickworks site Other surrounding areas have North Roads, Brendale, now being redeveloped into been identified for residential approximately 22 kilometres the Newbase Business Park development. north of the Brisbane central which includes a Super Retail business district. Surrounding Group distribution centre and 43,700 15,035 $2,242,430 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 15/12/2014 $27,337,133 $41,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Broadmeadows 100 Pearcedale Parade, Broadmeadows, Victoria LOCATION SUMMARY The property is located in the The property was redeveloped Road from an adjoining large established residential suburb in 2010 at a cost of $5.8 carpark. of Broadmeadows, million. The nearby Broadmeadows approximately 15 kilometres The property is positioned civic/commercial area north of the Melbourne opposite the Broadmeadows comprises retail premises and central business district. The town centre shopping centre, municipal offices with ready developing urban fringe and benefits from having access to bus and rail services. suburbs of Coolaroo and frontage to Pearcedale Parade, Roxburgh Park are to the and access to Pascoe Vale north. 17,717 12,765 $2,040,870 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $14,274,381 $40,800,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Browns Plains 65‐101 Browns Plains Road, Browns Plains, Queensland LOCATION SUMMARY The property, comprising an The 4.7 hectare property is The property comprises a total established Bunnings situated on the corner of lettable area of 18,398 square Warehouse and three large Browns Plains Road and metres with approximately 533 format retail showrooms was Commerce Drive car parking spaces. In addition acquired in April 2012 for approximately 25 kilometres to Bunnings, the tenants for $25.6 million (including south of the Brisbane central the remaining showrooms acquisition costs) from an business district. include Spotlight, The Good institutional owner. Guys and Best Friends. 46,970 18,398 $3,280,330 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 7/05/1999* $26,109,761 $49,600,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Cairns 149 Spence Street, Cairns, Queensland LOCATION SUMMARY The property was developed and Plath Close, is located in Street, and 94 metres frontage by BBC Hardware Limited in an established industrial area to Plath Close. 2001, purchased by the Trust two kilometres south of the The land was re‐zoned to in February 2003, and main business district. 'Mixed‐Use 2' as part of the subsequently underwent a The site has 182 metres 'Cairns Plan 2016' which store upgrade in 2007. frontage to Fearnley Street, 80 allows for trades and services The property, bounded by metres frontage to Spence uses, low impact industry and Fearnley and Spence Streets residential. 26,053 12,917 $‐ LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 9/02/2003 $13,422,931 $8,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Cannon Hill 1853 Creek Road, Cannon Hill, Queensland LOCATION SUMMARY The property is located in the subdivisions are being In December 2008, the established residential suburb developed further south and Cannon Hill Bunnings of Cannon Hill approximately east in Carindale, Capalaba, Warehouse and the Trust's seven kilometres east of the Manly West and Birkdale. adjoining distribution centre Brisbane central business The property is adjacent to the were amalgamated into a district. The immediately Cannon Hill Kmart Plaza, a sub‐ larger Bunnings Warehouse. surrounding suburbs of Carina, regional centre, and Cannon The below numbers include Morningside, Murarrie and Hill Shopping Plaza, a the Bunnings Warehouse plus Tingalpa are generally fully neighbourhood centre. distribution centre. developed with post‐war residential housing and new 35,811 16,556 $2,596,932 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 18/03/1999 $15,328,845 $48,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Caroline Springs 1067 Western Highway, Caroline Springs, Victoria LOCATION SUMMARY The property is located in the major east to west arterial suburbs to Melbourne's growing residential suburb of road in the western suburbs of highway and freeway network. Ravenhall, approximately 20 Melbourne. In the east In the west direction it kilometres west of the direction it links with the connects Melbourne to Melbourne central business Western Ring Road freeway, Ballarat. district. Western Highway is a which connects the western 30,229 14,319 $1,891,921 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 23/05/2011 $20,191,770 $32,900,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Coburg 64‐74 Gaffney Street, Coburg, Victoria LOCATION SUMMARY In January 2014, the Trust owner for $60 million approximately nine kilometres purchased Lincoln Mills; an (including acquisition costs). north of Melbourne. established Bunnings The 4.9 hectare property is The property comprises a total Warehouse and eight large situated on the north side of lettable area of 24,728 square format retail showrooms in Gaffney Street, just west of its metres with approximately 426 Coburg, Victoria. The property intersection with Sydney Road car parking spaces. was acquired from a private in the suburb of Coburg, 49,940 24,728 $4,526,105 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 3/11/2008 $60,565,134 $70,400,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Cockburn South Central, 71 Armadale Road, Cockburn, Western Australia LOCATION SUMMARY The property, although on its approximately 20 kilometres Freeway, is located own certificate of title forms south of the Perth central approximately 1.3 kilometres part of the Cockburn Central business district. The sub‐ west of the property. Town Centre large format regional Gateways Shopping retail centre located Centre, adjoining the Kwinana 26,005 12,839 $1,826,682 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 31/03/2011 $19,797,934 $31,800,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Craigieburn 700‐760 Hume Highway, Craigieburn, Victoria LOCATION SUMMARY The property is located on Hume suburb of Roxburgh Park are north and west of the property. Highway approximately 45 residential areas that have been Retail facilities in close proximity kilometres north of the Melbourne progressively developed since the include Craigieburn Shopping central business district. 1980's with land subdivision and Centre, approximately two Craigieburn and the adjoining new housing occurring to the kilometres to the south. 45,700 16,764 $1,773,478 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 06/05/2012 $19,601,109 $32,200,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Croydon 286 Maroondah Highway, Croydon, Victoria LOCATION SUMMARY The property is situated on the residential area that has been property is the Yarra Valley Maroondah Highway, progressively developed since golf park and community approximately 32 kilometres the 1980's. Land subdivision facilities. Chirnside Park east of the Melbourne central and new housing is occurring shopping centre, a sub‐ business district. The property to the north of the property. regional shopping centre is forms part of an established Maroondah Highway is a major located less than a kilometre large format retail precinct, arterial road that provides north of the property. The sharing a central car park with access from the eastern Trust is currently committed to the Chirnside Homemaker suburbs of Melbourne to the expand the Bunnings Centre which includes retailers central business district. On Warehouse at a cost of $4.0 such as Furniture Galore, Nick the southern side of the million. Scali and JB Hi‐Fi. property are large industrial Croydon and the adjoining developments including Black suburbs of Chirnside Park and and Decker and Arlec Mooroolbark form part of a Electronics, and opposite the 37,930 13,292 $2,001,474 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $14,265,402 $38,100,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Dubbo Corner Mitchell Highway and Sheraton Road, Dubbo, New South Wales LOCATION SUMMARY The property is located adjacent to other parts of New South Wales The site comprises a Bunnings the Blue Ridge Estate industrial and is linked by national highways Warehouse with a total retail area park in Dubbo, approximately 398 north to Brisbane, south to of 12,685 square metres, a kilometres north‐west of Sydney, Melbourne, south‐east to Sydney showroom leased to Petbarn New South Wales. Dubbo is a and Newcastle, and west to (1,155 sqm) and a KFC fast food major road and rail freight hub to Adelaide. outlet (pad site of 2,503 sqm). . 45,250 16,344 $1,627,964 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 5/08/2011* $17,328,079 $24,600,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Ellenbrook 173 The Promenade, Ellenbrook, Western Australia LOCATION SUMMARY The property is located on the central business district. The retail, community, government southern alignment of The property is located within the and entertainment infrastructure. Promenade in Ellenbrook 27 Ellenbrook Town Centre where kilometres north‐east of the Perth development includes a range of 31,651 15,337 $2,109,234 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 2/12/2013 $24,312,466 $36,700,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Fairfield Waters Darcy Drive, Fairfield Waters Estate, Fairfield Waters, Queensland LOCATION SUMMARY The property is located in the centre. It is the main centre the Great Barrier Reef Marine growing residential suburb of for government administration Park Authority, Department of Idalia, approximately nine outside Brisbane, with regional Primary Industries and CSIRO kilometres south of the main health services provided by Davies Laboratory. The large business district of Townsville. the Townsville Hospital and a defence presence from army Townsville, located number of research and air force bases also approximately 1,373 institutions such as James influences the local economy. kilometres north of Brisbane, Cook University, the Australian Queensland, is a major service Institute of Marine Science, 28,940 13,645 $1,813,635 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 31/03/2011 $17,965,569 $29,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Fountain Gate 64‐86 Narre Warren Road, Fountain Gate, Victoria LOCATION SUMMARY The property is situated on the housing is occurring to the north To the western side of Narre eastern side of Narre Warren and east of the property. Warren North Road is Fountain North Road, approximately 38 The property is located between Gate Shopping Centre, which kilometres south‐east of the the Monash Freeway and Princes includes a K‐Mart, Target, Safeway, Melbourne central business Highway both of which provide Coles and specialty shops. Also, in district. Fountain Gate and the access to the Melbourne central close proximity are a number of adjoining suburbs of Narre Warren business district. Narre Warren fast food restaurants, service retail and Berwick form part of a railway station is located on the and other large format retail residential area that has been southern side of Princes Highway outlets, a medical centre, the progressively developed since the and there is also a bus service municipal offices and other 1980's. Land subdivision and new operating in the area. community facilities. 32,350 12,624 $1,760,103 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $10,535,630 $32,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Frankston Corner McMahons Road and Gertrude Street, Frankston, Victoria LOCATION SUMMARY The property is located on the approximately 40 kilometres to the is a major arterial as is the nearby south‐east corner of McMahons south‐east of Melbourne's central Cranbourne Road, which provides Road and Gertrude Street, business district. McMahons Road access to areas east of Frankston. 37,000 13,843 $2,170,603 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 20/12/2001 $17,356,525 $37,700,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Fyshwick 52‐66 Newcastle Street, Fyshwick, ACT LOCATION SUMMARY The property was developed for The land is subject to a 99 year Bunnings pay an access fee to the BBC Hardware Limited in 1995 and lease which expires in 2091. Trust of $300,994 per annum for purchased by the Trust in The site has 129 metres frontage an additional 10,025 square December 2002. The property is to Newcastle Street as well as 105 metres of land adjoining the located in the main industrial area metres frontage to Collie Street. property to the south. The of Canberra, seven kilometres Access to the site is from the property is located near a variety south‐east of the Canberra central Monaro Highway which passes to of showrooms, large format retail business district and on the corner the west, and Canberra Avenue to and high sale trade outlets. of Newcastle and Collie Streets. the south. 27,771 6,648 $1,298,628 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/12/2002 $14,871,218 $25,400,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Geraldton 181 North West Coastal Highway, Geraldton, Western Australia LOCATION SUMMARY The property is located in the Highway and the proposed mid‐west region of Western Geraldton industrial precinct western extension of Place Australia supporting mining, approximately 2.5 kilometres Road affording good visibility pastoral and agricultural north of the Geraldton to passing traffic. Geraldton is industries and a strong fishing business district. The site is located approximately 420 industry. prominently located on the kilometres north of Perth and corner of North West Coastal is the capital centre of the 32,527 17,874 $1,350,262 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 10/12/2001 $7,334,390 $20,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Gladstone 220 Dawson Highway, Gladstone, Queensland LOCATION SUMMARY In September 2012, the Trust The 5.5 hectare property is The property comprises a total purchased Home Gladstone; situated on the south‐eastern lettable area of 21,511 square an established Bunnings side of the Dawson Highway metres with approximately 527 Warehouse and seven large approximately six kilometres car parking spaces. In addition format retail showrooms in the south‐west of Gladstone's to the Bunnings, the tenants Gladstone suburb of Clinton, business centre and less than for the remaining showrooms Queensland. The property was a kilometre south from the include Harvey Norman, Pillow acquired from an institutional Gladstone Airport. Talk, BCF, Betta Electrical, owner for $28.6m (including Chemist Warehouse and Port acquisition costs). City Pet World. 54,595 21,516 $3,613,648 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 16/02/2007* $29,283,320 $46,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Greenacre 57‐67 Roberts Road, Greenacre, New South Wales LOCATION SUMMARY The property is located on the 15 kilometres south‐west of the enclosed timber drive through, eastern side of Roberts Road south Sydney central business district. nursery and car parking for 395 of its intersection with Amarina The property comprises a vehicles. Avenue, Greenacre approximately Bunnings Warehouse, with fully 21,560 14,149 $2,868,963 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 3/04/2012 $31,536,221 $52,100,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Harrisdale Lot 804 Ranford Road, Harrisdale, Western Australia LOCATION SUMMARY The property is situated on the Shopping Centre is located parking for 360 cars. The south‐east corner of Ranford and opposite the property along showrooms are leased to City Wright Roads in Harrisdale, Ranford Road. Farmers, Napoli Mercato and approximately 18 kilometres Constructed on the site is a Anytime Fitness. south‐east of the Perth central Bunnings Warehouse store, three . business district. The showrooms and on‐site car neighbourhood Southern River 37,126 17,124 $2,548,953 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 7/10/2011* $23,626,030 $39,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Hawthorn 230 Burwood Road, Hawthorn, Victoria LOCATION SUMMARY The property is located on the of the Melbourne central business redevelopment projects that are south side of Burwood Road district. transforming old industrial between Power Street to the west The surrounding locality comprises buildings to new office or and Glenferrie Road to the east, in a number of residential developments. the commercial and residential commercial/showroom properties suburb of Hawthorn, as well as a number of approximately five kilometres east 8,375 7,462 $3,380,642 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 29/10/2008 $46,704,051 $58,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Hervey Bay Corner Main Street and Boat Harbour Drive, Hervey Bay, Queensland LOCATION SUMMARY The property is positioned on the The site is approximately 800 Pizza Hut, McDonalds, Big Rooster south‐eastern corner of the metres south of the traditional and Subway. Located directly to intersection of Boat Harbour retailing precinct of Pialba. the west of the property are large Drive, the main thoroughfare in Numerous retail, showroom and format retailers including Hervey Bay, and Main Street. semi‐retail businesses located in Autobarn, Chemist Warehouse, Hervey Bay is a regional city this precinct include Crazy Clarks, Pet World and Aldi. Situated located 279 kilometres north of Ultra Tune, Bob Jane, Toyworld, further west is the Bay Central Brisbane and approximately 139 Harvey Norman and Supa Cheap as Shopping Centre kilometres south of Bundaberg. well as fast food outlets such as . 30,170 11,824 $1,356,014 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 23/12/2002 $9,000,415 $12,800,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Hoxton Park Hoxton Park Central, 2 Lyn Parade, Hoxton Park, New South Wales LOCATION SUMMARY The property is situated on the residential, service station, existing tenants, Officeworks south eastern corner of warehouse and distribution, and Kennards Self Storage. Hoxton Park and Lyn Parade child‐care, business and office. Surrounding development approximately 30 kilometres Since Bunnings vacated the includes industrial uses to the south‐west of the Sydney property in mid‐2019, the immediate west and south, central business district and tenancy has been repurposed with some light 3.5 kilometres south‐west of for use as large format retail industrial/large format retail Liverpool. The site is zoned 'B6 including tenants Super Cheap uses to the east along Hoxton Enterprise Corridor' which Auto, Total Tools, Jaycar, Park Road with predominantly allows for land uses including Totally Workwear, Repco and low density residential large format retail, mixed‐use Crunch Fitness in addition to dwellings to the north. 36,975 25,607 $3,425,025 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 3/10/2008* $56,516,673 $61,400,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION *Relates to Bunnings Warehouse only
Joondalup 2 Joondalup Drive, Joondalup, Western Australia LOCATION SUMMARY The property is located in the Services and amenities already within close proximity to the north residential suburb of Edgewater, located within the Joondalup of the property. approximately 23 kilometres central business district include The growth of Joondalup as a north‐west of the Perth central the Lakeside Joondalup Shopping satellite city will also be business district and three Centre, City of Wanneroo offices, underpinned by the continued kilometres south of Joondalup Wanneroo Hospital, Joondalup expansion of the north‐west City. Access to the property is via TAFE Campus, Edith Cowan corridor coastal suburbs. This the nearby Mitchell Freeway, University and several State and growth has made the City of Ocean Reef Road and Joondalup Commonwealth Government Wanneroo one of the fastest Drive. Automotive Holdings Group instrumentalities including growing municipalities in Australia occupy the property after the LandCorp and the Water Authority in recent years. Lease was assigned from Bunnings of Western Australia. The in October 2015. Edgewater train station is located 25,380 13,358 $1,176,418 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $9,006,412 $16,200,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Lismore 2 Bruxner Highway, Lismore, New South Wales LOCATION SUMMARY The property was developed by The property has 110 metres the right of way to the rear of the BBC Hardware Limited in 2001 and frontage to Bruxner Highway and property. A store expansion was purchased by the Trust in April is readily accessible from the completed in August 2015 at a 2004. The property is positioned Bruxner Highway or alternatively cost to the Trust of $4,600,000. On on the eastern side of the Bruxner via Three Chain Road. The completion, Bunnings and the Highway, in an established property has 215 car bays and the Trust entered into a new 12‐year industrial area. timber drive‐through access is via lease with 4 x 5 year options. 20,620 9,892 $1,466,122 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 21/04/2004 $14,044,106 $26,700,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Maitland Corner Bungaree Street and New England Highway, Maitland, New South Wales LOCATION SUMMARY The property is prominently kilometres west of the main Valley region, is approximately 32 located on the New England business district. Maitland, a kilometres west of Newcastle and Highway, approximately three regional city located in the Hunter 200 kilometres north of Sydney. 36,670 12,797 $1,436,854 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 23/08/2004 $13,532,827 $23,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mandurah 7 Magenta Terrace, Mandurah, Western Australia LOCATION SUMMARY The property is located within the including retail, showroom, In December 2018, the Trust Mandurah City Gate Business Park warehouse, medical centre, car completed works totalling $7.3 in Mandurah, approximately 75 dealership, service station and car million to reconfigure the property kilometres south of the Perth wash. vacated by Bunnings in mid‐2018, central business district on the A small industrial precinct is into a large format retail centre south western corner of Fremantle situated immediately south east of anchored by Amart Furniture and and Gordon Roads. the property. Other surrounds Snooze. Complementary retail outlets include residential estates and the surround the property. The site is Mandurah central business district zoned 'Service Commercial' which about two kilometres south west. allows for a range of land uses 25,305 8,662 $1,382,722 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 1/12/1998 $17,005,803 $20,700,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Manly West 398 Wondall Road, Manly West, Queensland LOCATION SUMMARY The property is located on business district. There is a college campus to the south. Wondall Road in Manly West small industrial precinct Established residential approximately 16 kilometres situated directly to the north‐ property otherwise dominates east of Brisbane central west of the property and a the catchment. 21,028 13,021 $2,447,807 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 17/09/2014 $28,537,837 $43,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Maribyrnong Corner Rosamond Road and Williamson Roads, Maribyrnong, Victoria LOCATION SUMMARY The property is located within opposite from the Highpoint The completed Bunnings the suburb of Maribyrnong, Shopping Centre, the fourth Warehouse development was approximately eight kilometres largest shopping centre in acquired on 13 February 2015. north‐west of the Melbourne Australia. central business district. It is The Highpoint Homemaker positioned on the south‐west Centre, which comprises a corner of Rosamond and number of large format retail Williamson Roads, diagonally outlets, is nearby. 33,390 17,550 $2,944,556 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 13/02/2015 $39,565,367 $62,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mentone 3 Nepean Highway, Mentone, Victoria LOCATION SUMMARY The property is situated in the has also been identified as a showroom/service retail north eastern corner of Nepean future re‐zoning opportunity to properties, large industrial Highway and Oak Avenue, allow residential development. properties and residential land. approximately 20 kilometres south Nepean Highway, a major arterial Following Bunnings lease of the Melbourne central business road that provides access between surrender in mid‐2018, the Trust district. Mentone is a well‐ the Mornington Peninsula and the completed in December 2018 established and fully developed Melbourne central business works totalling $4.1 million to bayside suburb of Melbourne. The district, carries large volumes of reconfigure the property for use as site is zoned 'Commercial 2' which traffic and subsequently the a large format retail centre. allows for a range of land uses highway frontage is well Officeworks and Crunch Fitness such as supermarket and shop, developed for commercial uses. occupy the property. cinema, service station, large Surrounding the property are format retail and office. The site 25,190 8,271 $2,366,635 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $14,612,277 $34,800,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Midland 181 Great Western Highway, Midland, Western Australia LOCATION SUMMARY The property is prominently proximity to the property consists approximately 100 metres west of located on the south western of office/warehouse premises the property fronting the Great corner of Great Eastern Highway, a together with retail showrooms Eastern Highway. Bunnings vacated major arterial road, and Ferguson along the Great Eastern Highway. the property in December 2020 Street, approximately 20 The Midland Gate Regional and we are currently reviewing kilometres east of Perth's central Shopping Centre is located redevelopment options. business district. Development in 24,204 13,694 $1,881,138 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 5/09/2001 $10,207,128 $15,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mile End
180 Railway Terrace, Mile End, South Australia
LOCATION SUMMARY
The property is located in the The property has frontage to Development along Sir Donald
suburb of Mile End South, Sir Donald Bradman Drive, a Bradman Drive is
approximately two kilometres major arterial road that is the predominantly commercial in
west of the Adelaide central dominant link between the nature and includes a wide mix
business district. The Keswick city and Adelaide Airport. The
of uses ranging from
Terminal (Australia National) land also adjoins Railway
and the city of Adelaide are Terrace, a major collector road professional offices, service
located immediately to the that is an alternative ring road industries to retail
east, with predominantly well‐ around the western side of the developments.
established suburbs to the city.
west.
33,190 15,065 $2,504,634
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
22/03/2000 $15,243,582 $45,500,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONMinchinbury Cnr Great Western Highway and Williams Street, Minchinbury, New South Wales LOCATION SUMMARY The property is situated on the major arterial which carries service and the closest rail station Great Western Highway, 34 significant volumes of traffic past is situated two kilometres to the kilometres west of the Sydney the property. north of the property. central business district, in a In March 2015 a significant developing large format retail and upgrade of the warehouse was light industrial area. completed at a cost of $8,576,000. The immediate locality is Public transport in the area is principally residential in nature. provided by way of private bus The Great Western Highway is a 36,640 16,557 $2,953,993 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 31/12/1998 $23,003,961 $56,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mindarie Corner Marmion Avenue and Neerabup Road, Mindarie, Western Australia LOCATION SUMMARY The property is located on the Clarkson/Mindarie is five district. Narre Warren railway north‐eastern corner of Marmion kilometres north‐west of the station is located on the southern Avenue and Neerabup Road, Joondalup city centre and is side of Princes Highway and there Clarkson, Western Australia, surrounded by rapidly developing is also a bus service operating in approximately 31 kilometres north residential suburbs. The property the area. of Perth's central business district. is located between the Monash Marmion Avenue is the major Freeway and Princes Highway both north‐south arterial road in the of which provide access to the expanding northern corridor. Melbourne central business 30,751 14,479 $1,727,267 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 5/09/2002 $10,397,406 $15,100,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Morayfield Corner Walker and Morayfield Roads, Morayfield, Queensland LOCATION SUMMARY The property is located The property is prominently property in Morayfield Road. approximately three positioned with frontages to The Morayfield shopping kilometres south of the Morayfield Road, Walkers Road centre is situated a short Caboolture town centre, an and Oakey Flat Road with high distance north of the property. expanding residential satellite volumes of passing traffic. The In 2007, an upgrade of the town situated approximately Caboolture community sports Bunnings Warehouse was 45 kilometres north of the centre is situated next to the completed at a cost of $3.4 Brisbane central business property and mixed industrial million district. uses are situated opposite the 31,750 12,507 $1,894,531 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 22/03/2000 $12,467,888 $31,900,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Morley 79 Russell Street, Morley, Western Australia LOCATION SUMMARY The property was developed by The site is zoned 'Morley City The property has 87 metres BBC Hardware Limited in 1999, Centre ‐ Central R80' which allows frontage to Russell Street, and is and purchased by the Trust in July for a range of land uses including, readily accessible from Russell 2005. The property is located office, showrooms, retail shop, Street and Boag Place. The approximately 8 kilometres north grouped/multiple dwellings, aged property has 202 car bays. east of the Perth central business persons dwelling, serviced Bunnings vacated the property in district, opposite Centro Galleria, apartments and child‐care. mid‐2020 and we are currently a major regional shopping centre. reviewing redevelopment options. 18,439 9,852 $‐ LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 4/07/2005 $12,539,525 $16,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mornington 1100 Nepean Highway, Mornington, Victoria LOCATION SUMMARY The property is situated on the Nepean Highway is a major Mornington property for a north‐east corner of Nepean arterial road, providing access total outlay of $1.881 million. Highway and Bungower Road between Mornington The expansion resulted in an in Mornington, approximately Peninsula and the Melbourne increase in the total retail area 45 kilometres south‐east of central business district. In of 2,400 square metres. the Melbourne central November 2001, the Trust business district. funded the expansion of the 40,474 13,324 $1,760,103 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 13/12/1999 $10,327,438 $30,600,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Mount Gravatt 14 Wrecker Road, Mount Gravatt, Queensland LOCATION SUMMARY The property is situated on the Surrounding development Tafe are situated in close proximity corner of Wecker Road and Creek comprises industrial land to the to the north‐west. Road in the suburb of Mansfield, east, the Mt Gravatt East Primary situated approximately 10 School to the south and residential kilometres south‐east of the to the north and west. The Sefton Brisbane central business district. College and Moreton Institute of 26,900 11,824 $1,406,886 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 18/12/2008 $12,118,541 $23,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Noarlunga Corner Beach Road and Goldsmith Drive, Noarlunga, South Australia LOCATION SUMMARY The property is located within the Hackham West and Noarlunga road into Adelaide. Located one established residential suburb of Downs are situated to the east and kilometre south‐west of the Noarlunga, approximately 30 north, while the suburb of Port property is Colonnades Shopping kilometres south of the Adelaide Noarlunga is situated to the west. Centre, one of the largest central business district. The The site has 150 metres frontage shopping centres in Adelaide. developed residential suburbs of to Beach Road, a main arterial 26,350 14,784 $1,581,718 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 1/10/1999 $9,969,274 $26,400,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
North Lakes 2 Flinders Parade, North Lakes, Queensland LOCATION SUMMARY The subject property is 34 kilometres north of the business park is surrounded by situated within the northern Brisbane central business a developing residential area section of the North Lakes district and directly opposite known as the North Lakes Business Park, approximately Costco Wholesale. The residential estate. 41,270 18,861 $2,976,295 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 1/11/2013 $33,557,568 $56,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Northland
Corner Murray Road and Chifley Drive, Northland, Victoria
LOCATION SUMMARY
The property is located in the In June 2013 a second upgrade The Northland Shopping
suburb of Preston, of the property was completed Centre acts as a major
approximately 10 kilometres at a cost of $875,128. This transport node for bus
north of the Melbourne upgrade included an expanded services, which provide a link
central business district. goods inward yard and a new with railway lines
Relatively densely populated materials yard canopy. approximately three
residential areas provide the The property is positioned kilometres east and west of
primary catchment. opposite the Northland the property.
In August 2005 the property Shopping Centre, and near the
was upgraded at a cost of Northland Homemaker Centre.
$2.92 million. Industrial uses adjoin the
property to the south.
33,120 13,006 $2,029,869
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
24/09/1998 $13,253,298 $33,000,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONNunawading
250 Whitehorse Road, Nunawading, Victoria
LOCATION SUMMARY
The property is situated on the of traffic and provides access Nunawading railway station is
southern side of Whitehorse from the eastern suburbs located one kilometre east of
Road, just west of the through to the central the property and a
intersection with Springvale business district. The property comprehensive bus service
Road, in Nunawading receives excellent exposure
operates in the area. Box Hill
approximately 18 kilometres from passing traffic and is
east of the Melbourne central situated among many other district centre, incorporating a
business district. Nunawading large format and service commercial precinct, enclosed
and the surrounding suburbs retailers and showroom uses, and strip shopping facilities
are well established residential taking advantage of the and a transport interchange is
areas of Melbourne. highway frontage. Springvale approximately four kilometres
Whitehorse Road (Maroondah Road, less than one kilometre to the west, on Whitehorse
Highway) is a major arterial east of the property, is one of Road.
road that carries high volumes the main north‐south routes in
the area.
34,342 14,766 $2,493,480
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
24/09/1998 $17,877,706 $49,100,000*
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
*Includes two adjoining properties on land (1,371m2)
earmarked for future expansion of the Bunnings Warehouse
for which Bunnings pays the Trust $126,959 per annum.Pakenham
855 Princess Highway, Pakenham, Victoria
LOCATION SUMMARY
The property is located on the south‐east of the Melbourne as well as three showrooms
north‐eastern corner of central business district. leased as outlets for
Princes Highway and O'Brien The site comprises a Bunnings Officeworks (2,097 sqm),
Street, Pakenham, Warehouse with a total retail Dollar Curtains and Blinds (478
approximately 61 kilometres
area of 11,814 square metres, sqm) and Jetts Gym (478 sqm).
35,160 14,867 $2,132,948
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
31/03/2011* $21,583,724 $33,100,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
*Relates to Bunnings Warehouse onlyPort Kennedy
7 Sunlight Drive, Port Kennedy, Western Australia
LOCATION SUMMARY
The property is located on the 47 kilometres south‐west of the two additional showrooms. The
eastern side of Sunlight Drive Perth central business district. lease comprises the entire site
between Crowley Street to the The site comprises of a Bunnings with the showroom tenancies
north and Stockton Way to the Warehouse with a total retail area being sub‐tenants to Bunnings
south, approximately of 11,675 square metres as well as Group Limited. The site has 255
car bays.
27,899 11,675 $1,715,777
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
19/05/2011 $17,465,835 $10,000,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONPort Macquarie
Corner Lake and Fernhill Roads Port Macquarie, New South Wales
LOCATION SUMMARY
The property is located on the Port Macquarie is a regional Barbeques Galore, and various
corner of Lake Road and city, located approximately 400 homemaker outlets. In March
Fernhill Road, in an kilometres north of Sydney 2020, the Trust completed
established industrial and and approximately 150 works totalling $6.6 million to
large format retail area 3.5 kilometres south of Coffs
reconfigure the property
kilometres south of the main Harbour.
business district. Lake Road vacated by Bunnings in mid‐
Other retailers in close 2019, into a large format retail
connects the town centre of proximity include Harvey
Port Macquarie with the centre anchored by Amart
Pacific Highway. Norman, Captain Snooze, Furniture.
19,842 7,336 $1,427,320
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
17/11/2003 $14,792,172 $17,600,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONPort Melbourne 501 Williamstown Road, Port Melbourne, Victoria LOCATION SUMMARY The property is situated on the Williamstown Road is a semi‐major M1 Westgate Freeway, circa one northern alignment of arterial road, providing access kilometre north east of the Williamstown Road, bound by from the Melbourne central property. The site falls within the Bridge and Bertie Streets, in the business district to the Port 'Sandridge' precinct of Fishermans mixed‐use suburb of Port Melbourne industrial precinct and Bend which is a developing mixed‐ Melbourne, approximately 2.5 the bay side residential suburb of use area. The Trust is currently kilometres south‐west of the Port Melbourne. Williamstown committed to expand the Bunnings Melbourne central business Road intersects Montague Street Warehouse at a cost of $6.6 district. which provides access to the million. 30,320 13,846 $2,311,111 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 10/12/2010 $25,501,895 $55,000,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Rockingham
26 Pedlar Circuit, Rockingham, Western Australia
LOCATION SUMMARY
The property is located in the south west corridor with of $4,600,000. On completion,
southern coastal suburb of approximately 35,000 vehicles a Bunnings and the Trust entered
Rockingham, 40 kilometres to the day passing through this into a new 12‐year lease with 4 x 6
south of the Perth central business intersection. Adjacent to the year options.
district and 25 kilometres to the property on the south western Rockingham is at the midpoint of
south of Fremantle. alignment of Pedular Circuit is the Perth's south west corridor. This
The property is prominently 'Challenge Business Park' large corridor has been identified by
located being diagonally opposite format retail centre which includes planning authorities as an area of
the intersection of Patterson Road tenants such as The Good Guys, major urban growth over the next
and Ennis Avenue. These two Barbeques Galore, Bedshed, 15 years. Rockingham has itself
roads form part of the major Tyrepower and Retra Vision. A been designated as a major
north‐south highway through the store expansion was completed in employment/commercial centre.
October 2015 at a cost to the Trust
33,205 15,188 $2,153,861
LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2)
16/08/2000 $14,905,884 $39,200,000
LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATIONRocklea 35 Balham Road, Rocklea, Queensland LOCATION SUMMARY The property is located The property has high visibility In October 2013 a store adjacent to the Ipswich and ease of access from main upgrade was completed at a Motorway and on the corner thoroughfares of West cost of $5,400,000 to the Trust of Granard and Balham Roads, Brisbane, namely the Ipswich which resulted in a $382,000 13 kilometres south of the Motorway and Granard Road. increase in the rental and a Brisbane central business new 12 year lease. district. 31,672 14,403 $2,199,507 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 13/10/2003 $19,392,253 $36,900,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Rydalmere 300‐320 Victoria Road, Rydalmere, New South Wales LOCATION SUMMARY The property comprises a in the suburb of Rydalmere, within the immediate locality Bunnings Warehouse approximately 17 kilometres comprises showroom and completed in March 2014 and north‐west of the Sydney industrial development and is situated within an central business district. established low density established industrial precinct Surrounding development residential development. 48,460 16,645 $3,355,287 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/03/2014 $40,294,367 $70,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Scoresby 1467 Ferntree Gully Road, Scoresby, Victoria LOCATION SUMMARY The property is situated on the Princes Highway. Stud Road is Otherwise, the surrounding northern side of Ferntree Gully a north‐south arterial which area is predominantly Road, approximately one provides access between residential. kilometre west of its Dandenong in the south and In June 2012, a store upgrade intersection with Stud Road, Wantirna in the north. was completed at a cost of approximately 26 kilometres Industrial properties such as south‐east of the Melbourne Amcor Fibre packaging and $6,900,000 to the Trust which central business district. Unifoods are nearby, as are resulted in a $552,000 Ferntree Gully Road is a main other significant industrial increase in the rental and a arterial road that connects the land uses to the east and west new 10 year lease. South Eastern Freeway and the of the property. 34,270 12,515 $1,985,643 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 24/09/1998 $14,460,333 $34,500,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Smithfield 2‐4 Mount Milman Drive, Smithfield, Queensland LOCATION SUMMARY This property is located in the business district of Cairns. approximately 350 kilometres growing residential suburb of Cairns is located approximately north of Townsville. The Smithfield, approximately 14 1,700 kilometres north of Cairns region has a population kilometres north of the main Brisbane, Queensland and of approximately 165,000. 31,050 13,094 $1,696,205 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 19/05/2011 $16,265,830 $26,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Southport Olsen Avenue, Southport, Queensland LOCATION SUMMARY The property is located in the residential suburbs of Labrador, The property has frontage to Olsen established residential and Southport and Ashmore are Avenue and has good exposure to industrial suburb of Molendinar, situated to the east and south, passing traffic. Olsen Avenue adjacent to Southport and while the residential suburbs of forms part of an arterial link approximately seven kilometres Parkwood and Nerang are situated extending from Oxenford in the north‐west of Surfers Paradise, on to the north and west respectively. north to Benowa in the south. the Gold Coast. The developed 35,270 12,431 $1,771,682 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 10/11/1998 $10,392,851 $27,900,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
Springvale 849‐857 Princes Highway, Springvale Victoria LOCATION SUMMARY The property is situated in the to Dandenong Road (Princes property are numerous established industrial suburb of Highway) and Centre Road. The industrial/service commercial Springvale, approximately 22 property is also visible from the businesses along the main road kilometres south‐east of the busy intersection of Springvale frontages. Melbourne central business Road and Dandenong Road. district, with prominent exposure Immediately surrounding the 31,737 13,458 $2,275,267 LAND AREA (M2) TOTAL GLA OR RETAIL AREA (M2) ANNUAL RENT (M2) 16/12/2013 $27,574,097 $43,300,000 LEASE COMMENCEMENT DATE TOTAL PROPERTY COST CURRENT VALUATION
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