This Trust was available to wholesale investors and contains a 4,983 sqm Bunnings Warehouse in Wonthaggi (Vic).
After strong sales results and yields in the area, a Director’s Valuation increased the value of the property by $1.13 million to $7.63 million taking the net tangible
asset value per unit to $1.70 per unit, which is a tremendous result. An independent valuation will take place by the end of June 2017 to time with the rollover of the bank debt.
The Trust is on track for an increased return of 8.5% for the year ending 30 June 2017.