Tall Building _edited.jpg
Tall Building _edited.jpg

CURRENT OFFERING

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BV Lifestyle Zone Trust

61 Key Largo Drive, Clarkson WA

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Investment

The Trust proposes to own the Clarkson Lifestyle Zone situated at 61 Key Largo Drive, Clarkson, a landmark convenience centre located in the booming northern suburbs of Perth. Baron Vanilla Management Pty Ltd, a joint venture between leading property syndicators Baron Property Group and Vanilla Property Investments, has negotiated an exclusive arrangement to acquire the property, subject to completing due diligence, for $35.5 million and will be seeking to raise $19.3 million in equity from wholesale investors.

Property Overview

The property is perfectly placed to take advantage of the continued growth of Perth’s northern suburbs. Leased to some of the best known tenants in Australia including The Good Guys, Beacon Lighting, City Farmers, Supercheap Auto, Bridgestone, and Surge Fitness and further complimented by a high calibre cohort of WA based retailers providing a high level of income security. The Lifestyle Zone, together with Bunnings and the Coles and Woolworths anchored Ocean Keys Shopping Centre ensures the Clarkson District Centre provides a complete shopping precinct.

Trust Features

  • Own 100% of the land and buildings

  • Strong and sustainable cash return on equity

  • 8% per annum target cash return*

  • Target total return on equiity (IRR) 10% PA*

  • 5-year investment term

  • Monthly distributions

  • Minimum investment - $100,000

  • The investment is only available to investors who are "wholesale clients" within the requirements of section 761G  & 761GA of the Corporations Act 2001 (Cth)

Investment Highlights

  • Strong lease covenants

  • High income security with twenty-three tenancies providing income diversification

  • Significant land holding of 32,387sqm

  • High exposure location 

  • Significant foot traffic with four street frontages

  • Thriving catchment area

  • Opportunity for income and capital growth

  • Potential tax benefits with a portion of the 
    distributions being tax deferred

    * Returns are forecast before tax and after fees