Coburg

64-74 Gaffney Street, Coburg, VIC, 3058

Property Description

In January 2014, the Trust purchased Lincoln Mills; an established Bunnings Warehouse and eight large format retail showrooms in Coburg, Victoria. The property was acquired from a private owner for $60 million (including acquisition costs). The 4.9 hectare property is situated on the north side of Gaffney Street, just west of its intersection with Sydney Road in the suburb of Coburg, approximately 9 kilometres north of Melbourne. The property comprises a total lettable area of 25,413 square metres with approximately 426 car parking spaces. BWP has recently completed an expansion of the Bunnings Warehouse at a cost of $3.0 million.

Property Location