Schiavello family buy another Bunnings
EXCLUSIVE
The Schiavello family has bought another Melbourne Bunnings – this time outlaying $49.5 million.
The 3.92 hectare outlet at 308 Cooper Street, Epping, on the north west corner of Edgars, also exposed to Taryn Drive, was offered by David Feldman.
He paid $36.3 m in 2015.
That seller was Bunnings with a leaseback.
The latest sale was struck off-market (continues below).
It comes six months since we reported the Schiavello family bought a Bunnings at Clyde North, south-east of Melbourne, for $44m.
That seller was Charter Hall, which paid $42.3m, in early 2020.
Bunnings was again that seller, with a 12 year leaseback.
Epping is about 20 kilometres north of town.
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