Bibra-trust
  • WA

Fund Overview

The Bibra Lake Trust (Fund) is purchasing an industrial facility located at 22 Renewable Chase, Cockburn Commercial Park, Bibra Lake, Western Australia.

Objective of the Fund

The Bibra Lake Trust aims to provide a return to shareholders a year 1 distribution forecast of 10.4% and an average 5 year distribution forecast of 11.4%.

Portfolio

The portfolio will comprise of an industrial facility located at 22 Renewable Chase, Cockburn Commercial Park, Bibra Lake, Western Australia.

  • The property is a purpose built facility comprising of cold store and food processing faculties and commercial office space, currently leased to Dardanup Butchering Company Nominees Pty Ltd (expires in August 2024).

  • Nett lettable area totals 2,551sqm consisting of 1,663sqm of cold store and food processing facilities and 888sqm of office space.

  • Land area totals 7,107sqm with onsite parking for 43 cars.

Distributions

The Fund will pay distributions monthly from settlement.

Term & Liquidity

The term and liquidity of the Fund are yet to be determined.

Fees

Refer to the PDS or request further information from the manager.

Minimum Investment

Refer to the PDS or request further information from the manager.

More Information

For more information please contact the manager for a PDS.

For more information on unlisted property funds and property syndicates please refer to the following guide.

Disclaimer

The information provided above should be seen as factual information and not financial advice.   All the information provided is not intended to imply any recommendation or opinion about a financial product.

We recommend seeking advice from professional and qualified financial planners prior to investing in any financial product. 

Overview

  • Category : Equity Funds
  • Manager : Acure Asset Management
  • Term : To be confirmed
  • Yield : 11.4%
  • IRR : n/a