Jones Real Estate, in conjunction with Stonebridge Property Group, is set to bring one of regional Victoria’s most sought-after trophy assets to market, Bunnings Horsham.
The property, spanning multiple titles at 19, 24–38 Wilson Street, 42 Wilson Street, 25–29 Pynsent Street and 31 Pynsent Street in Horsham, has just secured a new five-year lease renewal with Bunnings commencing on October 1st, 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.
Set on a landholding of 9,592sqm* with a gross lettable area of 6,079.9sqm*, the property is zoned Commercial 1 and generates a net income of $685,837 per annum plus GST and outgoings. It enjoys significant exposure with frontages of 120m* to Wilson Street, 67m* to Pynsent Street and 55m* to Urquhart Street.
Horsham is recognised as Victoria’s regional growth hub, with a population of around 20,000 people and over 2,100 local businesses. Supported by proactive council initiatives such as the Commercial and Industrial Land Strategy and City Urban Renewal projects, the region is attracting major private and public investment. Key projects currently underway include the $370 million SEC renewable energy park, the $425 million Farm Frites potato processing facility and the Western Highway intersection upgrade. These developments, combined with the city’s established strengths in health, retail, construction and agriculture, are driving economic diversification and creating long-term employment opportunities.
“This represents a rare opportunity to secure a blue-chip retail investment, underpinned by one of Australia’s most trusted household names,” said Paul Jones, Managing Director at Jones Real Estate.
The property will be offered for sale via private boardroom auction on Friday 24th October 2025, at 10:30am, in conjunction with Stonebridge Property Group.
“Opportunities to own a Bunnings don’t come around often, and this time buyers can quite literally snag one,” Jones added.
Recent Bunnings sales this year demonstrate the ongoing demand for the asset class, including Bunnings Mount Gambier in South Australia for $27,980,000, Bunnings Clyde North in Victoria for $44,000,000 and Bunnings Taree in New South Wales for $28,150,000.
Representing the campaign are Paul Jones, Tim Spargo, and Mimi Hoang of Jones Real Estate, alongside Kevin Tong, Rorey James and Justin Dowers of Stonebridge Property Group.
For more information, please visit https://www.jonesrealestate.com.au/ or https://stonebridge.com.au/
*Approximate
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