Property Portfolio

High Growth Regions

The Rocket

Robina, QLD

Westlawn Building

Lismore, NSW

201 Leichhardt Street

Spring Hill, QLD

183 Varsity Parade

Varsity, QLD

98 - 100 Blundell Bvd

Tweed Heads South, NSW

9 Hercules Street

Hamilton, QLD

Yamba Fair

Yamba, NSW

Yamba Service Station

Yamba, NSW

Zone Underwood

Underwood, QLD

Logan Village Marketplace

Logan Village, QLD

Ormeau Marketpace

Ormeau, QLD

Bell Central

Mudgeeraba, QLD

Byron Bay Fair

Byron Bay, NSW

Tamar Village

Ballina, NSW

45 Alexandra Place

Murarrie, QLD

48 Bel-Are Avenue

Northgate, QLD

Epiq Marketplace

Lennox Head, NSW

Epiq Child Care Centre

Lennox Head, NSW

Casuarina Beach

Casuarina, NSW​

Lakehouse Robina

Robina, QLD

EPIQ MARKETPLACE LENNOX HEAD

LENNOX HEAD, NSW

Epiq Marketplace is a neighbourhood shopping centre, which includes Woolworths, 14 specialty stores, Clarence Property’s Northern NSW office and 2 other tenancies. 

The Centre was constructed by Clarence Property and opened in July 2020. It is located within the Epiq Lennox residential community also developed by Clarence Property.

Valuation

$33,080,000

Lettable Area

5,475 sqm

Number of Tenants

19

KEY TENANCIES

Woolworthes, BWS

Occupancy

89%

PURCHASED

2020

PROPORTION OF TRUST

7%

YAMBA FAIR YAMBA

1-3 TREELANDS DRIVE, YAMBA, NSW

Yamba Fair is a neighbourhood shopping centre incorporating a Coles, K hub (Kmart), Priceline Pharmacy and 19 specialty stores. A free-standing commercial building is also leased to Centrelink. Recent refurbishments include solar installation and landscaping upgrades.

Yamba Fair is located within an established commercial and retail precinct with further surrounding developments predominantly comprising of residential housing. WPT has owned Yamba Fair since 2001.

Valuation

$35,500,000

Lettable Area

7,710sqm

KEY TENANCIES

Coles, K hub, Priceline, Centrelink

PURCHASED

2019

OCCUPANCY

100%

PROPORTION OF TRUST

8%

BELL CENTRAL MUDGEERABA

1 BELL PLACE, MUDGEERABA, QLD

Bell Central Mudgeeraba is a modern neighbourhood shopping centre, anchored by a 2,218 sqm Coles, supported by two medical-related tenants and 12 specialties.

The Property is located within the established suburb of Mudgeeraba, approximately 14.5km south of Surfers Paradise commercial precinct, and approximately 89 kilometres from Brisbane CBD.

Valuation

$16,500,000

Lettable Area

3,679sqm

KEY TENANCIES

Coles, Pharamacy, Jetts, Medical Centre

PURCHASED

2015

OCCUPANCY

90%

PROPORTION OF TRUST

3%

BYRON BAY FAIR BYRON BAY

BAYSHORE DRIVE, BYRON BAY, NSW

Byron Bay Fair is an open style neighbourhood shopping centre, which commenced trading in 2006.

Current tenancies include SUPA IGA, a medical centre and bottle shop. The Property is located within Byron Bay’s thriving retail, industrial and holiday precinct.

Valuation

$14,000,000

Lettable Area

2,772sqm

KEY TENANCIES

SUPA IGA, Sunrise Cellars, Medical Centre

PURCHASED

2005

OCCUPANCY

99%

PROPORTION OF TRUST

3%

ORMEAU MARKETPLACE ORMEAU

21 Peachy Road, Ormeau, QLD

Ormeau Marketplace is anchored by a 3,994sqm full-line Woolworths supermarket. The Centre features a complementary tenancy mix of six principally service-related tenants.

Ormeau is located 45km south of Brisbane and 35km north of the Gold Coast. Located in the heart of the Brisbane to Gold Coast growth corridor, the area is experiencing solid population growth of 2.4% p.a. and significant retail expenditure growth of 5.7%.

Valuation

$29,000,000

Lettable Area

8,607sqm

KEY TENANCIES

Woolworths, BWS

PURCHASED

2019

OCCUPANCY

100%

PROPORTION OF TRUST

6%

Logan Village Marketplace Logan

2-16 North Street, Logan Village, QLD

Logan Village Marketplace is strategically located in the heart of one of South East Queensland’s fastest-growing residential corridors, only 41km south of the Brisbane CBD.

Logan Village Marketplace is underpinned by a 2,794sqm* strong performing Woolworths supermarket, a new extensive Medical Centre, Pharmacy, Newsagent and a purpose built food & beverage site.

Valuation

$16,000,000

Lettable Area

3,174sqm

KEY TENANCIES

Woolworths

PURCHASED

2019

OCCUPANCY

100%

PROPORTION OF TRUST

3%

NORTH SHORE MARKETPLACE

TOWNSVILLE, QLD

North Shore Marketplace is a multi-tenanted convenience shopping centre anchored by Woolworths and 17 specialities.

The Centre was completed in 2013 and is located in a growth corridor, adjacent to a 5000 lot (approx.) North Shore residential development.

Valuation

$16,677,500

Lettable Area

5715 sqm

Number of Tenants

18

KEY TENANCIES

Woolworths, BWS

Occupancy

92%

PURCHASED

2020

PROPORTION OF TRUST

4%

ZONE UNDERWOOD

COMPTON ROAD, UNDERWOOD, QLD

Zone Underwood is a well-established Large Format Retail Centre. The asset provides a total GLA of 11,067 sqm across 4 stand-alone buildings, which are anchored by Officeworks, Best Friends Pets and Sydney Tools.

The Centre is serviced by 270 car spaces with multiple entry and exit points. Zone Underwood is approximately 20km south-east of Brisbane CBD in a unique and prominent position at the intersection of Compton and Kingston Road, two major arterial roads that carry an estimated 16,000,000 vehicles annually. 

Valuation

$33,000,000

Lettable Area

10,067 sqm

KEY TENANCIES

Officeworks, Best Friends Pets, Sydney Tools

PURCHASED

2018

OCCUPANCY

92%

PROPORTION OF TRUST

7%

TAMAR VILLAGE BALLINA

92 TAMAR STREET, BALLINA, NSW

Tamar Village is a commercial and retail centre with a strong tenant base of health, wellness and community services.

Located in the heart of Ballina, affording two street frontages, the Property is one of the largest single – holding commercial sites in Ballina. Additionally, Tamar Village has recently enjoyed $1.5 million worth of refurbishments. 

Valuation

$7,325,000

Lettable Area

2,136 sqm

KEY TENANCIES

Tamar Village Pharmacy, Martin's Bakery, Optimum Allied Health

PURCHASED

2007

OCCUPANCY

100%

PROPORTION OF TRUST

2%

Yamba Service Station Yamba

Yamba Road, Yamba, NSW

The new Shell service station is location on the main road coming into Yamba, from the M1, adjacent to Yamba Fair.

This is a single tenant asset with a 20 year lease, which supports Coles in Yamba Fair.

Valuation

$4,510,000

Lettable Area

1,611sqm

KEY TENANCIES

Shell Yamba

PURCHASED

2019

PROPORTION OF TRUST

1%

EAST TAMWORTH MEDICAL CENTRE, TAMWORTH

279b mARIUS sTREET, EAST TAMWORTH, NSW

Constructed in 2019, ETMC is an established Medical Precinct in the heart of Tamworth that offers a variety of health services as well as Finance and Childcare all catered to by The Kiosk Café. 

The Centre is anchored by Northwest Health which is complemented by East Tamworth Pharmacy, East Tamworth Diagnostic Imaging, Laverty Pathology and East Tamworth Dental Care. ETMC comprises all your health and wellbeing needs in one convenient location. 

Valuation

$14,500,000

Lettable Area

2,606 sqm

KEY TENANCIES

Northwest Health GP, East Tamworth Pharmacy

PURCHASED

2021

PROPORTION OF TRUST

3%

NUMBER OF TENANTS

9

EDGE EARLY LEARNING, MILTON

22 Marie Street, milton, qld

The property is situated in the mixed-use, fringe CBD suburb of Milton, approximately 2.5km southwest of the Brisbane City Centre.

The current tenant, Edge Early Learning is a well-known childcare operator with 19 centres across South East QLD, currently offering a 120 placements, with a 22 year lease term. 

Valuation

$8,435,000

Lettable Area

1,503 sqm

KEY TENANCIES

Edge Early Learning

PURCHASED

2020

PROPORTION OF TRUST

2%

Ooak EARLY EDUCATION, bahrs scrub

5 bahrs scrub road, bahrs scrub, qld

The property is located within the established suburb of Bahrs Scrub, approximately 40km Southeast of Brisbane.

A purpose built childcare facility on the property is due to be completed in May 2021. Upon completion, the centre will be leased to Ooak Early Education for an initial 15-year term, offering 125 placements. 

Valuation

$5,600,000

Lettable Area

4,671 sqm

KEY TENANCIES

Ooak Early Education

PURCHASED

2021

PROPORTION OF TRUST

1%

EPIQ CHILD CARE CENTRE LENNOX HEAD

LENNOX HEAD, NSW

The new 98 place childcare centre at Epiq, Lennox Head is opened early 2020. A 15 year lease to Harmony is in place.

The Property is located on Hutley Drive, opposite the sports fields adjacent our shopping centre, Epiq Marketplace. 

LETTABLE AREA

777 sqm

KEY TENANT

Harmony Childcare Centre

PURCHASED

2020

OCCUPANCY

100%

Proportion of Trust

1%

201 LEICHHARDT STREET SPRING HILL

SPRING HILL, QLD

201 Leichhardt Street is a prominent 6-storey office building located in Spring Hill, adjacent to the Brisbane CBD.

Claiming a desirable elevated site, the unique triangular shaped building offers ground floor office and retail tenancies with five levels of well-appointed office accommodation above.

Valuation

$14,900,000

Lettable Area

3,119 sqm

KEY TENANCIES

Cosol Australia, Integral Technology Solutions, Clarence Property

PURCHASED

2017

OCCUPANCY

97%

PURCHASED

3%

183 VARSITY PARADE VARSITY LAKES

VARSITY LAKES, QLD

Varsity Lakes is a two level commercial office building with 3,153 sqm floor space split over two levels.

The Property features secure basement car-parking with 110 car parks and excellent exposure in Varsity Lakes business precinct.  

VALUATION

$12,250,000

Lettable Area

3,193 sqm

KEY TENANCIES

Sykes Australia Pty Ltd, Department of Education

PURCHASED

2017

OCCUPANCY

85%

NUMBER OF TENANTS

4

PROPORTION OF TRUST

3%

65 Park road, Milton

MILTON, QLD

65 Park Road is a 3 level office building which incorporates secure ground floor Car Parking for 23 vehicles.

Several strong tenants such as The Medical Protection Society and Ray White Industrial Milton anchor the Property. 

VALUATION

$6,000,000

Lettable Area

1,055 sqm

KEY TENANCIES

Ray White Industrial Milton

PURCHASED

2021

OCCUPANCY

100%

NUMBER OF TENANTS

3

PROPORTION OF TRUST

1%

WESTLAWN BUILDING LISMORE

29 MOLESWORTH STREET, LISMORE, NSW

Westlawn Building in Lismore is a seven-level office building providing five levels of office accommodation. The building is configured to provide part and whole-floor office tenancies with ground level office/quasi-retail space.

The Property is situated on the main street through the central business district of Lismore. Lismore is a major regional centre in the Northern Rivers region of New South Wales.

Valuation

$19,300,000

Lettable Area

5,627 sqm

KEY TENANCIES

Commonwealth Government

PURCHASED

2001

OCCUPANCY

96%

PROPORTION OF TRUST

4%

NUMBER OF TENANTS

20

9 Hercules Street, Hamilton

Hamilton, QLD

9 Hercules Street, Hamilton is a boutique style commercial property. The building has recently undergone a refurbishment, including a striking upgrade to the building façade. 

The Property is located close to the $1 billion Portside Wharf, one of Brisbane’s most active retail precincts adjoining the Brisbane cruise terminal. 

Valuation

$10,200,000

Lettable Area

2,075 sqm

KEY TENANCIES

Exercise & Sport Science Australia

PURCHASED

2017

OCCUPANCY

47%

PROPORTION OF TRUST

2%

NUMBER OF TENANTS

8

98-100 Blundell Boulevard, Tweed Heads

TWEED HEADS SOUTH, NSW

The property is a single level commercial building currently divided into two tenancies.

The building was refurbished in 2012 and is leased to two government authorities, Centrelink and the NSW Department of Community Services. The property is located in the popular commercial and industrial precinct of Tweed Heads South. 

Valuation

$9,000,000

Lettable Area

2,448 sqm

KEY TENANCIES

Centrelink, Department of Community Services

PURCHASED

1999

OCCUPANCY

100%

PROPORTION OF TRUST

2%

NUMBER OF TENANTS

2

THE ROCKET ROBINA

ROBINA TOWN CENTRE DRIVE, ROBINA, QLD

The Rocket is a free-hold commercial building comprising retail and commercial space. 

There are three components to the site, being the main 16-storey tower, a two-storey annex building along the northern boundary and a one-storey annex building along the southern boundary fronting Robina Town Centre Drive.

 

* represents the Trust’s 50% interest.

Valuation

$39,250,000*

Lettable Area

6,386 sqm*

KEY TENANCIES

National Disability Insurance, GHD Services Pty Ltd.

PURCHASED

2015

OCCUPANCY

89%

PROPORTION OF TRUST

8%

NUMBER OF TENANTS

39

188 MACQUARIE STREET

DUBBO NSW

188 Macquarie Street Dubbo is a 3-level retail and commercial building above a 65-vehicle basement level car park.

It is predominately located on the corner of Macquarie & Wingewarra Streets in the Dubbo CBD.

Valuation

$10,700,000

Lettable Area

4532 sqm

Number of Tenants

12

KEY TENANCIES

CBA, NIDS, Family Court of Australia

Occupancy

95%

PURCHASED

2020

PROPORTION OF TRUST

2%

45 ALEXANDRA PLACE MURRARIE

MURARRIE, QLD

45 Alexandra Place Murarrie is an A grade logistics and industrial complex located in Murarrie, Queensland, adjacent to the Gateway Bridge, east of the Brisbane CBD. 

Located at the mouth of the Brisbane River, the development was designed to maximise the location’s favourable air, sea, road and rail networks, including the Port of Brisbane, Brisbane Airport and the M1 motorway.

Valuation

$12,000,000

Lettable Area

6,327 sqm

KEY TENANCIES

Australia Post, Tabcorp

PURCHASED

2016

OCCUPANCY

100%

PROPORTION OF TRUST

3%

Wacol

45 MCROYLE STREET WACOL

WACOL, QLD

This multi tenanted industrial complex has 5 free standing buildings with 7 tenancies.  Wacol, is approximately 17 km from Brisbane CBD.    The location has great  transport connectivity via the Ipswich Motorway, the Logan Motorway and the Centenary Highway.

Valuation

$7,850,000

Lettable Area

6,424 sqm

KEY TENANCIES

CDM QLD, Barenbrug Australia

Purchased

2018

48 BELL-ARE AVENUE

NORTHGATE

This logistics property was purpose built for Provet in 2006 and presents to a high corporate standard. Provet, a subsidiary of Henry Schein (a fortune 300 company listed on the NASDAQ), is the leading veterinary supplies distribution company in Australasia. The complex is an approximate 12 minute drive from Brisbane airport and a 4 minute drive off Gateway Motorway.

Valuation

$11,600,000

Lettable Area

4651 sqm

Number of Tenants

1

KEY TENANCIES

Provet

Occupancy

100%

PURCHASED

2017

PROPORTION OF TRUST

2%

146 CANBERRA STREET

HEMMANT

The asset is strategically located near the Port of Brisbane Motorway and Gateway Motorway.

The site offers medium to long term development opportunities while providing holding income.

Valuation

$6,500,000

Lettable Area

14,810 sqm

Number of Tenants

1

KEY TENANCIES

Tyne Container Services

Occupancy

100%

PURCHASED

2020

PROPORTION OF TRUST

1%

81 STRADBROKE STREET

HEATHWOOD

81 Stradbroke is a large logistics facility with a modern office and warehouse, leased to Truckline Australia.

The site provides access to the Logan Motorway and is approximately 20km to the Brisbane CBD.

Valuation

$7,400,000

Lettable Area

4,500 sqm

Number of Tenants

1

KEY TENANCIES

Truckline Australia

Occupancy

100%

PURCHASED

2020

PROPORTION OF TRUST

2%

185 QUEENSPORT ROAD

MURARRIE QLD

185 Queensport Road is a corporate grade office and warehouse facility of 4,431m2 located on the Gateway Arterial. North and south arterials are easily accessed, as is the Port of Brisbane and Brisbane Airport.

Valuation

$8,800,000

Lettable Area

4,215 sqm

Number of Tenants

2

KEY TENANCIES

Smith & Nephew

Occupancy

100%

PURCHASED

2020

PROPORTION OF TRUST

2%

31 Paringa Road, Murarrie

MURARRIE QLD

31 Paringa Road is a corporate grade logistics facility of 8,510 sqm NLA across two buildings on a 23,038 sqm site. The facility is fully leased to three tenants. 

Valuation

$18,200,000

Lettable Area

8,510 sqm

Number of Tenants

3

KEY TENANCIES

Wormald, Tilearte, Pentair Water

Occupancy

100%

PURCHASED

2020

PROPORTION OF TRUST

4%

EPIQ LENNOX HEAD

LENNOX HEAD, NSW

Epiq Lennox Head is an 80 hectare development site situated south of Lennox Head town centre, an expanding coastal community offering a village lifestyle in a highly sought after Northern NSW corridor.

The property was acquired in November 2014 for $15 million. Current construction includes 480 homesites, duplex and medium density lots. Epiq Lennox Head is also home to Epiq Marketplace.

Valuation

$17,634,000

PURCHASED

2014

Stage 1

Sold and settled 51 lots

Stage 2

Sold and settled 82 lots

Stage 3

Sold and settled 119 lots

Stage 4

Sold and settled 35 lots. Future development pending.

Stage 5

Sold 71 lots; settle 11/20, 16 lots to sell

Super Lots 5 & 7

State Planning

PROPORTION OF TRUST

4%

Yamba Quays marked location aerial

YAMBA QUAYS YAMBA

YAMBA, NSW

Welcome to Yamba Quays, where home is a holiday. Yamba Quays offers a once-in-a-lifetime opportunity to purchase new canal front homesites in Yamba, New South Wales. This peaceful exclusive waterfront community offers captivating views of quiet blue waters and lush greenery, allowing you to embrace an unspoilt oasis of natural beauty.

Valuation

$22,500,000

Purchased

2017

casuarina Town Centre Unit Trust

casuarina, NSW

Casuarina Beach is the last remaining undeveloped land in a maturing Master Planned Community located on 3.5 kilometres of beach front on the Tweed Coast in northern New South Wales, between Byron Bay and Coolangatta.

The Casuarina Town Centre precinct, part of the Casuarina Beach Master Planned Community, has a combined site area of 21.063 hectares and comprises predominantly vacant land.

This site has been granted development consent for 89 allotments comprising 77 low density single dwelling residential lots, 9 super lots for future development, 1 open space lot and 2 lots for drainage purposes.

Purchased

2014

LAKEHOUSE CORPORATE SPACE, ROBINA

ROBINA, QLD

The Lakehouse Corporate Space, previously known as Robina East Quays Corporate Park, is an established campus style commercial office development. Originally constructed circa late 1980’s, extensive refurbishment works have continued since commencement in late 2014.

The Property is situated to the eastern alignment of Glenferrie Drive and has a wide frontage to an internal lake to its eastern boundary.

Valuation

$14,250,000*

Lettable Area

5,471 sqm

Purchased

2007