• Acure Asset Management



The Hamersley Unit Trust is the owner of the now Bunnings Warehouse in Baldivis, Western Australia which is a freehold 34,000sqm site.

Investment Highlights

Purchase Price - $29.52m

Equity Raising - $14.9m

A 13,318sqm Bunnings Warehouse

An additional 922 sqm tenancy that is leased to Petstock

Projected Returns on Equity

  • Year 1 Distribution Forecast - 7.4%

  • Average (7yr) Distribution forecast - 8.3%

  • Internal Rate of Return (IRR) - 10.6%

  • Quarterly Distributions

Originally 15 year Lease with Masters Home Improvement Store with a Woolworths Ltd Guarantee on the Lease

Subsequent 12 year lease with Bunnings Ltd from April 2018

8 Year lease to Petstock

Bunnings & Petstock Baldivis WA

Bunnings & Petstock Baldivis WA

Bunnings & Petstock Baldivis WA

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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

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