INVESTMENT & ASSET MANAGEMENT
Whitmore Property has extensive experience in identifying and acquiring real estate investments which provide strong and secure returns to investors. We currently manage investments in a diverse range of property sectors including:
We are continually seeking and identifying new opportunities for investors.
Each investment is typically structured as a single asset managed investment scheme which is available for investment by wholesale investors with a fixed term of up to 10 years.
Following acquisition, our team actively manage the property, its finances and associated compliance requirements. Distributions are paid monthly to investors and our investor liaison team are available to support each investor and their individual needs.
MOUNT BARKER PLAZA
Purchase Price: $20,500,000
Purchase date: October 2020
Investor Return: 7.47%
Our latest acquisition, Mount Barker Plaza occupies a commanding position in the centre of the Mount Barker, one of the fast-growing retail catchments in South Australia. Fully leased shortly after purchase, the centre is anchored by Aldi and well supported by quality, established tenants as well as government agencies.
100-104 HAYWARD AVENUE, TORRENSVILLE
Purchase Price: $4,450,000
Purchase date: December 2019
Investor Return: 7%
Whitmore Property is pleased to announce the acquisition of 100-104 Hayward Avenue, Torrensville. This prime industrial asset consists of three tenancies with an overall lettable area of 3,030 square metres comprising a mixture of office and warehouse accommodation.
421 GOODWOOD ROAD, WESTBOURNE PARK
AdelaideVet has opened their new clinic at 421 Goodwood Road. This syndicated property has been transformed into a state of the art vet facility offering a diverse range of services. An outstanding result for a repurposed asset.
317 MORPHETT STREET, ADELAIDE
Whitmore Property is excited and proud to announce that our latest project, and Adelaide CBD’s hottest new brew pub - SPARKKE at the Whitmore - is now welcoming customers across two floors, a beer garden and Adelaide's largest rooftop bar overlooking the square. Developed in conjunction with our partner, The SPARKKE Change Beverage Company and their sister entity (the leaseholder) SPARKKE Pubs, the result is nothing short of amazing. Created by highly awarded Troppo Architects and innovators SPARKKE Pubs in conjunction with BUILDinc, the venue pays tribute to the heritage of one of Adelaide’s first drinking establishments. Originally constructed in the 1840's, the former Queens Arms Tavern and decades later, The Whitmore Hotel, has been well and truly reborn as an inclusive, state of the art brew pub to live out its next phase of life as SPARKKE at the Whitmore.
290 GLEN OSMOND ROAD FULLARTON
Purchase Price: $3,500,000
Purchase date: October 2018
Investor Return: 7%
Whitmore Property is excited to announce that refurbishment of 290 Glen Osmond Road, Fullarton is now complete.
Works included new modern façade, installation of a new lift, replacement of all mechanical services and integrated high quality fitout for a new long term tenant Johnston Grocke. At completion of the project, the asset is fully leased.
WHO CAN INVEST
REGISTER YOUR INTEREST
Whitmore Property offers Self Managed Super Funds and Sophisticated Investors the opportunity to access larger and better quality assets through a property syndicate. The standard, security and return of the assets accessible through a property syndicate may not be otherwise available to single investors due to the large amount of capital required. In addition, investors have the opportunity to spread their risk across a number of assets rather than having all capital in one or two assets.
Whitmore Property undertakes rigorous due diligence on all of the assets selected for acquisition prior to offering the opportunities to our investor pool. We select properties which present strong and secure returns for an investment period of 10 years. In addition, our team manages all syndicated assets directly so that we can ensure that properties are maintained to an exceptional standard and tenants are retained.
Whitmore Property holds a Wholesale Australian Financial Services Licence (AFSL 509574) which enables Wholesale Investors to invest in Managed Investment Schemes we operate.
A Wholesale Investor is an Investor who meets the net assets/ income or the price/value test - Section 761G(7) of the Corporations Act defines this as:
A person or entity that has obtained an accountant’s certificate within the preceding six months stating that the client:
(a) has net assets of at least $2.5 million, or
(b) has a gross income for each of the last two financial years of at least $250,000;
A person or entity that is controlled by a person or entity that meets the requirements of (a) or (b) above;
A person or entity who invests at least $500,000
Distributions are budgeted annually and paid monthly in to each investors nominated bank account.
Click here to register your interest in our upcoming investment opportunities or call us on (08) 7099 3983.