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Bunnings SA warehouse sold

A recently built Bunnings warehouse in Victor Harbor, south of Adelaide, has been purchased for $21.3 million. The 10,000sqm DIY warehouse, which opened last year next to a new Coles supermarket on Adelaide Road, sold on a yield of 5.13 per cent. The buyer is VH Property Holdings, a Melbourne-based syndicate owned by the Durlacher family. The Durlachers were also investors in another vehicle, Bairnsdale Property Holdings, which bought a Bunnings in East Gippsland, Victoria, for $12.42 million in