Bunnings Bundamba

For Sale | Bunnings Bundamba

JLL and CBRE are pleased to present for sale Bunnings Warehouse Bundamba, a rare opportunity to acquire a modern, freestanding Bunnings investment within South East Queensland’s rapidly expanding Western Growth Corridor.

Completed in 2016, the 14,228sqm Bunnings Warehouse occupies a prominent 2.35-hectare freehold site on the corner of Agnes and Mining Streets, 36km* south-west of the Brisbane CBD and 5km* east of Ipswich. The property benefits from LB10 Local Business & Industry zoning, offering a long-term strategic landholding within a tightly held and undersupplied catchment.

The asset features Bunnings’ highly sought-after net lease structure, providing minimal management and secure income growth through 3% fixed annual rent reviews (except 2029). Bunnings Group Limited, a wholly owned subsidiary of Wesfarmers (ASX: WES), underpins 99.7% of the income, with Bishopp Outdoor Advertising occupying the remaining tenancy.

Key Investment Highlights include:

• New 14-year lease term with options extending to 2060.

• Prominent 2.35ha* freehold site zoned Local Business & Industry (Bundamba).

• 353 at-grade undercroft car parks (2.5 per 100sqm GLA).

• Passing net income of $2,946,208* per annum.

• High exposure to Brisbane Road (27,600 vehicles daily / 10.1M annually).

• Located 300m* from Bundamba Train Station with strong trade area growth of 3.1% p.a. through to 2041.

The opportunity to acquire a 100% interest in Bunnings Warehouse Bundamba is offered via Expressions of Interest, closing Wednesday 5 November 2025 at 2:00pm (AEST).

All figures are approximate as at 31 December 2025.