Purchased

Modern retail centre

  • 100% leased investment, all being national and chain traders – Supercheap Auto (300+ stores); Prices Plus (30+ stores) Domino’s (860+ stores)
  • Very strong rental growth build into leases (CPI+1.5% annually)
  • Strong lease profile (WALE) – The centre features a WALE of 5.1^ years by income

Building Type: Commercial
Building Area: 1,545m2

NLA: 5,914m2
WALE: 5

How we helped this client

We helped our client secure and complete all the due diligence on this modern retail centre. The asset incorporates three (3) national and chain brand tenancies including Supercheap Auto, Prices Plus and Domino’s Pizza plus an Amazon storage locker. The centre features a strong lease expiry profile (WALE) of over 5 years by income with all tenants secured on net leases.

​This is our valued client’s first purchase with Rethink Investing. They are successful businessmen who are looking to set up a passive income independent of their business. Their requirements were to target low-risk and high-quality commercial properties that would produce strong rental growth over time. This asset ticked all the boxes.

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