{"id":369070,"date":"2026-02-09T18:26:44","date_gmt":"2026-02-09T08:26:44","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=369070"},"modified":"2026-02-10T18:56:40","modified_gmt":"2026-02-10T08:56:40","slug":"major-retail-block-goes-to-auction","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2026\/02\/09\/major-retail-block-goes-to-auction\/","title":{"rendered":"Major Retail Block Goes To Auction"},"content":{"rendered":"
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Two tenanted retail buildings and land, near Bunnings in Kingaroy, will be auctioned later this month (Photo: Stonebridge)<\/figcaption><\/figure>\n

February 9, 2026<\/strong><\/p>\n

Brisbane-based Deluca Corporation is selling a major retail site in Kingaroy.<\/p>\n

The sale of the freehold property, near Bunnings, is underpinned by a seven-year lease to the current tenant, Petstock, to 2032 (with options to 2046) and fixed 3 per cent annual rental increases.<\/p>\n

Stonebridge Property Group has been appointed to market the property, which consists of two\u00a0concrete tilt panel buildings, built for Petstock in 2021, on a 2539sq m freehold corner allotment with\u00a0 32 car parking spots.<\/p>\n

“It\u2019s rare to see an investment of this quality on a freehold lot directly adjoining Bunnings,” Stonebridge partner Michael Collins said.<\/strong><\/p>\n

“The two assets share access from the D\u2019Aguilar Highway and genuinely complement each other\u2019s uses, which supports long-term performance.<\/p>\n

“Petstock\u2019s confidence in the location is reflected in their decision to commit to a new seven-year net lease.\u201d<\/p>\n

The property will be sold via Stonebridge’s National Portfolio Auction on Thursday, February 19.<\/p>\n