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 holiday precinct.
Valuation
$14,000,000
Lettable Area
2,772sqm
KEY TENANCIES
SUPA IGA, Super Cellars, Medical Centre
PURCHASED
2005
OCCUPANCY
99%
PROPORTION OF TRUST
3%
ORMEAU SHOPPING CENTRE ORMEAU
21 Peachy Road, Ormeau, QLD
Ormeau Shopping Centre 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 shopping centre Logan
2-16 North Street, Logan Village, QLD
Logan Village Shopping Centre 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 Shopping Centre is underpinned by a 2,794sqm* strong performing Woolworths Supermarket and further complemented by four specialties with a focus on food and beverage and medical retailers.
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 Pet Store 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 health and wellness tenant base. Located in the heart of Ballina, affording two street frontages it includes nine specialty stores and a substantial showroom space. 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 Centre in the Heart of Tamworth that offers a variety of health services as well as Finance and Childcare services 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 to 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%
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 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