Medical & Retail Multi-Tenanted Shopping Centre with 8.18% Net Yield
Initially, Rethink Investing planned an internal syndication for this asset. However, midway through the capital raise, we received strong interest from one of our valued clients, who had a deep connection with the shopping centre and chose to acquire it outright. Their goal was to secure the property for a long-term yield strategy.
Since the purchase in 2021, the market tightened over the following two years due to yield compression, resulting in significant capital growth. The property is now valued at least $2.5 million more than what our client paid, highlighting its strong investment potential and the growth opportunities it offers.
This medical and retail shopping centre, with its strong 8.18% net yield, remains a prime example of how well-chosen assets continue to deliver exceptional returns.
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: 2,616m2
• Land Area: 9,925m2
• Diverse tenancy mix including big name anchor tenants
• Well designed, modern centre with exposure to arterial roads
• 151 car parks and four street frontages
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