Acure Asset Management
Mar 1, 20181 min
Updated: Oct 9, 2020
The Shepparton Home Trust was established to acquire the large format retail property known as the Shepparton Home Centre in Shepparton Victoria.
Purchase price $20m
Equity raising - $15m
Year 1 distribution forecast - 9%
Average (5yr) distribution forecast - 9.1%
Projected internal rate of return 10.9%
Monthly distributions from settlement
Weighted average lease expiry (WALE) 3.8 years
11 tenancies
Gross nettable area of 13,661sqm
Shepparton Home
Shepparton Home
Shepparton Home