Tall Building _edited.jpg
Tall Building _edited.jpg

CURRENT OFFERING

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.

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.

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).

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

CLOSED – OVERSUBSCRIBED