Portfolio Snapshot
374-378 Fullarton Road, Fullarton Purchase Price: $3,000,000
Purchase Date: February 2022
Sector: Retail / DevelopmentPurchased at land value, this superbly located property is fully leased with holding income and exciting future development potential.
Mount Barker Plaza Purchase Price: $20,500,000
Purchase Date: October 2020
Current Return: 7.5%pa
Sector: RetailThis property is a modern multi tenancy neighbourhood shopping centre, Barker Plaza. Mount Barker is a fast-growing Adelaide Hills town with forecast population growth of 51% by 2036.
Multi Asset Fund #1 Purchase Price: $11,450,000
Purchase Date: June 2021
Current Return: 10%pa
Sector: MixedThe fund is comprised of three complimentary assets, each of which has been carefully selected to capitalise on the strong leasing market offering both secure income as well as short and long term capital growth potential.
Opportunity Fund – Open for Investment Purchase Price: $8,550,000
Purchase Date: December 2021
Current Return: 4% pa
Sector: Mixed asset – growth fundThis multi asset capital growth fund has an annual base return of 4% pa and a targeted total return of 8% pa. Assets are sought for a combination of secure holding income and capital value growth through future development and repositioning. This open-ended fund provides a liquidity opportunity every five years as well as the potential for future investment.
Firle Plaza, Firle Purchase Price: $37,750,000
Purchase Date: October 2009
Current Return: 11.5%pa
Sector: RetailThis sub regional shopping centre is anchored by a Coles supermarket, K-mart discount department store, My Car service centre, Pharmacy Mini-Major and 24 specialty shops with on-site parking for 716 vehicles.
Ascot Park Shopping Centre Purchase Price: $6,700,000
Purchase Date: February 2011
Current Return: 10%pa
Sector: RetailThis neighbourhood shopping centre consists of one anchor tenant and three specialist shop tenancies. The property is well located on a corner site with extended frontage to Marion Road.
35 Woodville Road, Woodville South Purchase Price: $8,184,289
Purchase Date: December 2015
Current Return: 8%pa
Sector: MedicalThis specialist Medical Centre is located directly opposite Queen Elizabeth Hospital. It comprises of four tenancies occupied by both Government and private tenants.
100-104 Hayward Avenue, Torrensville Purchase Price: $4,450,000
Purchase Date: December 2019
Current Return: 8%pa
Sector: IndustrialThis 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 Purchase Price: $4,600,000
Purchase Date: May 2019
Current Return: 10%pa
Sector: Medical VeterinaryThe property occupies a prominent location in Westbourne Park, part of Adelaide’s inner southern fringe, approximately 5km from the CBD. The property is located on a main arterial road with surrounding businesses and shopping precincts.
317 Morphett Street, Adelaide Purchase Price: $4,300,000
Purchase Date: June 2019
Current Return: 8.65%pa
Sector: Entertainment and RecreationSPARKKE at the Whitmore welcomes customers across two floors, a beer garden and Adelaide’s largest rooftop bar. The property is located in a prominent corner location with frontage to both Morphett and Wright Streets on Whitmore Square in the Adelaide CBD.
290 Glen Osmond Road, Fullarton Purchase Price: $6,300,000
Purchase Date: October 2018
Current Return: 6.5%pa
Sector: OfficeThis property occupies a prominent corner location in Fullarton, one of Adelaide’s inner South Eastern suburbs, approximately 5km from the CBD. The property is located on a main arterial road with surrounding businesses and shopping precincts.