[FULLY SUBSCRIBED]
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
