Bunnings Palmerston is a new, large format Bunnings Warehouse store currently under development in Darwin. The property is being built to Bunnings latest standards and features total GLA of 17,170 sqm and undercroft car parking for 456 vehicles. The property is fully pre-committed to Bunnings Group Limited under a long term lease. CLW owns a 100% interest in the property.
Lease expiry profile
|Tenant||GLA (sqm)||Lease terms||Income (%)||Annual Review|
|Bunnings Group Limited||17,170sqm||12 years||100%||2.5%|
|Fund Ownership||100% CLW|
|Total GLA (sqm)||17,170 sqm|