Sold
Longstanding ASX Tenanted Investment - Rare Lease Flexibility
Baby Bunting - 669-671 Warrigal Road, Bentleigh East VIC
Sold
Stonebridge National Investment Sales and Stockdale Property are pleased to offer for sale Baby Bunting, Bentleigh East.
The key highlights of the opportunity include:
- Tenanted by ASX listed Baby Bunting - 70 stores nationally with annual revenue of $229.34m^
- High quality 1,689 sqm* large format retail building with 53 m* of prominent Warrigal Road frontage, fronting 99* at-grade car parks
- Strategically neighbouring McDonalds and opposite The Links Shopping Centre, anchored by Bunnings, Woolworths, Chemist Warehouse & more
- Flexible lease structure offered with no further options after January 2026 - providing investor, occupier & value-add opportunities
- One of Baby Buntings first ever stores, successfully trading from this location for 21+ years
- Net income $460,134 + GST pa* (as at Jan-2024) + 4% annual increases, tenants pays all usual outgoings including land tax
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
*Approximately
^Source: Baby Bunting, ASX
