Bunnings For Sale

Pandemic proof Bunnings is the tenant of a unique Gold Coast property. Situated at 57 Scottsdale Drive, Robina, the property is being put to market by JLL. The vendor is QIC (formerly Queensland Investment Corporation), a state-owned corporation established in 1991, which acts as investment manager for institutional investors.

The Bunnings store is a 12,803 sqm retail warehouse purpose built for Masters in March 2014 at a cost of $15.75 million and converted for use by Bunnings in 2018. The property includes car parking for 321 vehicles and is on a site of 30,400 sqm. Its excellent location includes being close to the Robina Town Centre and only 11 kilometres to Surfers Paradise. Its corner position enables exposure to over 3,000 cars…

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