Tall Building _edited.jpg
Tall Building _edited.jpg

CURRENT OFFERING

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BV Service Centre Fund

TARGETING TRUCK STOPS AND REGIONAL FUEL SERVICE CENTRES

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Fund Overview

The BV Service Centre Fund is a multi-asset trust targeting the acquisition of truck stops and regional fuel service centres nationwide.

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To seed the Fund, Baron Vanilla Management Pty Ltd has negotiated exclusive agreements to acquire, subject to successful due diligence, a Shell anchored truck stop and convenience centre in Ravenswood and an Ampol fuel service centre in Newman for a total purchase price of $16.75 million and will be seeking to raise $9.4 million in equity from wholesale investors.

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The Fund is anticipated to have a term of 5 years, an initial weighted average lease expiry (WALE) in excess of 8 years, and is forecasting a cash return on equity of 7.25%* per annum, paid monthly.

 

Minimum investment amount is $150,000 and is only available to investors who are "wholesale clients" within the requirements of section 761G and 761GA of the Corporations Act 2001 (Cth).

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Investment Highlights

6 Beacham Road, Ravenswood WA

  • Purchase Price - $9,400,000

  • Viva Energy, a blue chip $3.6 billion ASX 200 company & Shell’s Australian licensee

  • Secure 15-year net lease to 2033 plus options to 2053

  • Substantial 9,650sqm corner site with 86m exposure to Pinjarra Road, a major west-east road connecting the two major centres of the Peel and Mandurah regions

  • Shire of Murray population is 18,000+, forecast to grow to 70,000

  • As new service station & convenience retail centre

  • Surrounded by important social infrastructure including 3 schools all within 4kms

  • Guaranteed rental growth with fixed 3% annual rental increases

1328 Newman Drive, Newman WA

  • Purchase Price - $7,350,000

  • Ampol Ltd (formerly Caltex Australia), a blue chip $7.3 billion ASX100 company

  • Secure 15-year net lease to 2029 plus options to 2039

  • Major 3,420sqm corner site offering 50m frontage to 
    Newman Drive, main road arterial providing direct access to the Great Northern Highway

  • Pilbara region population is 60,000+, forecast to grow to 140,000

  • Conveniently situated within close proximity to high-profile tenants - Woolworths, IGA, Chicken Treat, Thirsty Camel & Subway

  • Within 1.2km of BHP owned Mt Whaleback, the largest single-cut iron ore mine in the world

  • Guaranteed rental growth with minimum 3% annual rental increases
    * Returns are forecast before tax and after fees