This Trust was available to wholesale investors and contains a 14,228 sqm Bunnings Warehouse property in Bundamba (Qld). The store was opened in May 2016 by, aptly, former apprentice carpenter turned rugby league legend, Darren Lockyer. Given the yield compression based on sales of recent Bunnings properties, the asset was independently valued and increased by…
This Trust was available to wholesale investors and contains a 16,704 sqm Bunnings Warehouse plus an adjoining 1,682 sqm in additional specialist tenancies in Newstead (Qld). At the completion of construction Bunnings will have a 12 year lease, and they are supporting the additional tenancies with a three year rental guarantee. The Trust was successfully…
This Trust was available to wholesale investors and contains a 9,512 sqm Bunnings Warehouse property in Kingston (Tas). The store was completed last year and Bunnings celebrated the opening in June with AFL legend Robert “Dipper” DiPierdomenico. The store is trading well at the start of it’s 12 year lease. The final construction management fee…
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…
This trust was available to wholesale investors and contains a 7,037 sqm Kmart plus and adjoining 1,089 sqm in complementary retail space in Port Macquarie (NSW). The property opened in late March 2017. The opening was highly anticipated in Port Macquarie, with people queuing from 2am to be the ‘first shopper’. This anticipation proved successful…
This Trust was available to wholesale investors and contains a 17,167 sqm Bunnings Warehouse in Blacktown (NSW) and a 18,252 sqm Bunnings Warehouse in Bundaberg (Qld). Leases on both properties are secured until 2026. Following recent independent valuations the Bunnings Blacktown’s value increased $5.4 million to $39.70 million. Bunnings Bundaberg value increased by $4.9 million…
This Trust was available to wholesale investors and contains a 5,307 sqm neighbourhood shopping centre in Seaford Meadows (SA). The centre is anchored by Woolworths and has 14 speciality tenants. Service SA’s newest customer service centre opened in an adjoining holding in June 2016 and has brought increased foot traffic to the area. The properties…
This Trust was available to wholesale investors and contains a 2,033 sqm petrol and fast food convenience service centre in Chinchilla (Qld). The centre has nine tenancies anchored by Caltex, KFC and Subway. The properties in the Trust are 96% occupied with a 5.7 year weighted average lease expiry. The Trust is on track for…
This Trust contains a diversified portfolio of nine quality retail properties tenanted by some of Australia’s best known retail brands. Taking the Trust to nine was the purchase of Coles Moss Vale (NSW) for $9.45 million in December 2016. The property includes a 2,500sqm freestanding Coles supermarket, which is the only full line supermarket servicing…
This Trust contains two Homemaker Centres, one in Chirnside Park (Vic) and the other in Mildura (Vic). At the 13,753 sqm Chirnside Homemaker Centre prominent tenants include JB Hi-Fi, Amart Sports, Forty Winks and Pet Barn. Electrical retailer The Good Guys assumed the tenancy left by Furniture Galore, and signed a 7 year lease before…