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…
Anyone who has ever had more than a passing interest in the economy will be keeping a close eye on the Reserve Bank of Australia and the cash rate. With the rate sitting at 1.5% for the last six months, NAB (1) are forecasting the rates will remain unchanged until a 25 basis point cut…