Eastgardens

140-148 Denison Road, NSW

Property Description

The Trust acquired Bunnings Eastgardens as part of a portfolio acquisition in the first half of the 2024 calendar year. The property comprises 11,860sqm on a site of 2.26 hectares. The prominent location is situated 8 kilometres from the Sydney central business district and a short distance to the Sydney airport with the M1 freeway providing direct access to both locations. The surrounding area includes residential housing to the north and east with major shopping centre Westfield Eastgardens approximately 500 metres to the north.

Land area

22,600m²

The total GLA/retail area

14,576m²

Total Property Cost

$70,500,000

Current valuation

$68,600,000

Annual Rent

$3,431,736

Property Location

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