14 Pioneer Avenue, Tuggerah NSW Equity syndication Commercial building acquisition Acquisition date: June 2018 Purchase Price: $10.11 million Target cash return: 3% p.a. in year 2 growing to 17% p.a. in year 5 Target Investor IRR: 12-14% Overview The property is located in a major commercial and industrial area of the Central Coast, approximately 1 […]
Category Archives:
Chalmers Street
261-265 Chalmers Street, Redfern NSW Joint venture with Trumen Corporation Equity Syndication Commercial Building Purchase price: $45 million Bricktop Investment: $21 million Property Facts Building area of 11,180 square meters and car parking for 175 vehicles Ground floor leased to Woolworths supermarket on a 20 year lease (2,359 square metres) Partially leased commercial office building […]
Waterloo
Waterloo, NSW Equity Syndication Commercial/Retail Buildings End Value: $36 million Bricktop Investment: $18 million Property Facts Inner city, Sydney – within 100m walking distance to Green Square station 12,000 sqm – across 7 buildings 12 tenants Significant carparking Bricktop Role Arrangement of equity of $18 million Arrangement of 1st mortgage debt facility Ongoing strategic and […]
Coward Street
300 Coward Street, Mascot NSW Equity syndication Triple Net Lease to Gate Gourmet (subsidiary of gategroup A.G.) Bricktop Equity: $8 million Property Facts 21,000 sqm site 10 year triple net lease to Gate Gourmet – world’s largest airline catering business Property value: $16 million Bricktop Role Negotiation of property purchase Arrangement of 1st mortgage senior […]
Belrose
25 Narabang Way, Belrose NSW Equity syndication Strata subdivision of 21 Industrial/warehouse/office units Acquisition date: June 2015 Purchase price: $9.35 million Target Investor return: 1.4x equity invested over 24 month investment term Investment partner: Trumen Corporation Pty Ltd Overview Located in Belrose within the Austlink business park, approx. 15km from Sydney’s CBD, the property comprises […]
Lane Cove
2 Lincoln Street, Lane Cove NSW Equity syndication Commercial office/warehouse acquisition Acquisition date: February 2015 Purchase Price: $16.8 million Target cash return: 9.75% p.a. in year 1 growing to 10.75% p.a. in year 5 Target Investor IRR: 15-17% Overview The office/warehouse property is located in the established Lane Cove business park/industrial precinct approximately 11 km […]
Camberwell
250 Camberwell Road, Camberwell VIC Equity syndication Commercial building acquisition Acquisition date: August 2013 Purchase Price: $20.4 million Target cash return: 9.5% p.a. in year 1 growing to 11.0% p.a. in year 5 Target Investor IRR: 14.5% Overview The property is located in the suburb of Camberwell in Melbourne’s inner east approximately 8 km from […]
Hawthorn
2 Luton Lane, Hawthorn VIC Equity syndication Commercial building acquisition Acquisition date: April 2016 Purchase Price: $37.36 million Target cash return: 8% p.a. in year 1 growing to 10.5% p.a. in year 6 Target Investor IRR: 12-14% Investment partner: Trumen Corporation Pty Ltd Overview The property is located in the premier suburb of Hawthorn in […]