Acure Asset Management
Feb 26, 20181 min
The Outback Port Hedland Unit Trust is the owner of a 49% interest in the brand new Outback Travel Centre in Port Hedland. This property currently is freehold property 2.26 hectares with canopy and fuel bowsers as stage 1 of a fully integrated BP roadhouse yet to be fully built with fuel, upmarket roadhouse with café and truckies lounge, showers, laundry, boat and truck wash facility.
Purchase price - $8.66m (stage 1)
Equity Raised - $3.92m for 49%
Year 1 Distribution Forecast - 11.4%
Average (5yr) Distribution Forecast - 13.2%
Projected Internal Rate of Return (IRR) - 14.2%
Quarterly Distributions
New lease to BP Australia for 15 Years from November 2017
Syndicate Term - 5 – 7 Years
BP Port Hedland - Pinga Street
BP Port Hedland - Pinga Street