• Acure Asset Management


Updated: 4 days ago

[Fully Subscribed]

The Australind Trust is purchasing two retail properties known as The Village Australind Shopping Centre and Mardo Commercial Centre . The properties are approximately 12km north of Bunbury and 160km south of Perth in Western Australia.

The combined site area of the two properties is approximately 3.5 hectares and the properties are located on adjoining lots with a shared car park separating the two.

  • The Village Australind Shopping Centre has 7,724sqm of gross lettable area.

  • The Mardo Commercial Centre has 1,597sqm of gross lettable area.

Investment Highlights

Purchase Price $39.43m

Projected returns on equity

  • Year 1 Distribution Forecast 8.7%

  • Average (5yr) Distribution Forecast 8.9%

  • Projected Internal Rate of Return (IRR) 10.1%

  • Monthly Distributions from Settlement

Weighted Average Lease Expiry (“WALE”) by area of 10.3 years.

Tenant anchors including Coles , Aldi and Chemmart Pharmacy, which together contribute 67% of the net income of both properties.

The Village Australind

The Village Australind

The Village Australind

The Village Australind

1,333 views0 comments

Recent Posts

See All

Join our mailing list to stay up to date:

Acure Asset Management Ltd is focused on exceeding stakeholder expectations through our core strengths in Funds Management, Syndication and Portfolio Management.

© 2020 All Rights Reserved 

Acure Asset Management Ltd


Level 18, 140 St Georges Terrace,

Perth WA 6000


GPO Box 2502, St Georges Terrace,

Perth WA 6831

Phone: +618 9322 5448

  • LinkedIn Acure Asset Management