Bunnings Taree

JLL is pleased to present Bunnings Taree for sale by way of Expression of Interest closing 3:00pm (AEDT), Tuesday 11^th March 2025.

Secured by a new 10-year net lease extension expiring in 2035, Bunnings Taree offers investors a defensive income stream of $1.42 million per annum and fixed annual rent reviews. Underpinned by Bunnings Group Limited, a subsidiary of Australia’s largest retailer Wesfarmers, the offering provides investors the opportunity to acquire a decade of financial security with guaranteed rental growth.*

Occupying a substantial 38,210 sqm landholding on Wingham Road, the site provides easy access to 344 on-grade car bays and has significant underlying future development potential due to favourable site coverage and development controls. Built in 2009, the Bunnings Taree spans over 13,664 sqm, featuring a main warehouse, nursery, and timber trade area.

Taree is the epicentre of the MidCoast Region and serves as a vital economic and administrative hub. Positioned 83 km south of Port Macquarie and 173 km north of the Newcastle CBD, the Greater Taree area is home to over 57,000 residents. The region boasts a diverse landscape and offers a wide array of events and experiences which attracts over 2.3 million visitors each year, contributing more than $600 million on average to the local economy.^{**,^}