General News
25 October, 2025
Bunnings Horsham proves hot property
As far as Australian companies go, you'd be hard-pressed to find a more iconic shop than Bunnings.
As far as Australian companies go, you'd be hard-pressed to find a more iconic shop than Bunnings.
Looking for some materials or tools for home improvement?
Bunnings is the place.
Need to brighten your garden with some flowers? Go to Bunnings.
Cat or dog need a collar or new toy? Bunnings has that too.
They even have car parts and products!
And there's nothing like a sausage from Bunnings; hot and tasty, it doesn't matter if it's with or without onion, or what your preferred sauce is.
Bunnings snags just hit differently.
So it's no surprise that Bunnings Horsham property was snapped up after just one and a half weeks on the market, with an investor from Western Australia purchasing it for $11.4 million.
Labelled by Jones Real Estate, in conjunction with Stonebridge Property Group, as one of the most popular trophy assets, the sale reflected a six percent yield.
The property, consisting of multiple titles at 19, 24–38 Wilson Street, 42 Wilson Street, 25–29 Pynsent Street, and 31 Pynsent Street in Horsham, recently secured a new five-year lease renewal with Bunnings - commencing on October 1, 2025.
The lease, negotiated and secured by Jones Real Estate on behalf of its client, includes three further five-year options through to 2045, providing exceptional long-term income security.
“It’s a privilege to have worked alongside our vendor to not only secure a lucrative renewed lease from Bunnings but a subsequent sale of the asset,” Jones Real Estate Managing Director, Paul Jones, said.
“The vendor is a trusted client of Jones, for whom we have transacted over $50 million of property this year alone."
Set on a landholding of 9,592sqm with a gross lettable area of 6,079.9sqm*, the property is zoned Commercial One and generates a net income of $685,837 per annum plus GST and outgoings.
Bunnings sales this year demonstrate the ongoing demand for the asset class, including Bunnings Mount Gambier for $27,980,000, Bunnings Clyde North for $44,000,000, and Bunnings Taree (NSW) for $28,150,000.
Representing the campaign were Paul Jones, Tim Spargo, and Mimi Hoang of Jones Real Estate, alongside Kevin Tong, Rorey James, and Justin Dowers of Stonebridge Property Group.
Rorey James, Partner at Stonebridge Property Group said blue-chip assets like this are seldom offered to the public market at present.
"So, it is no surprise that this campaign generated the breadth of interest it did, culminating in a strong position to take it off the table very early in the process," he said.
"High-quality, securely leased assets like this continue to stand out and attract competitive bidding from local, interstate and offshore buyers."