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CURRENT OFFERING

BV Industrial Trust No 3

25-43 John Vella Drive & 56-64 Maggiolo Drive, Paget QLD

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NOW CLOSED - FULLY SUBSCRIBED

Investment Overview

Baron Vanilla presents a compelling investment in the BV Industrial Trust No 3, featuring two substantial industrial properties in Paget, Mackay, Queensland. Paget is recognised as one of Australia’s premier regional industrial precincts, attracting global and national tenants due to its strategic position and superior infrastructure. The industrial area of Paget is located approximately 5km south of the Mackay CBD and 2km west of the Mackay airport.


Mackay itself, a thriving regional city of 135,000 midway up Queensland’s coast and an hour from Brisbane by air, boasts a diverse and growing economy. Its strengths lie in a world-renowned resource and engineering sector, agribusiness, and expansion across construction, logistics, education, and tourism.


Baron Vanilla has negotiated an exclusive Heads of Agreement to acquire, subject to successful due diligence, the two properties (detailed below) for a total purchase price of $35 million and will be seeking to raise approximately $20.85 million in equity from wholesale investors.


The Trust is anticipated to have a term of 6 years, an initial weighted average lease expiry (WALE) in excess of 5.3 years; and is forecasting a first-year cash return on equity of 7.7%, a six-year average cash return on equity of 8.5% per annum, paid monthly, and an IRR of 11% per annum. Minimum investment amount is $100,000. Register your interest now to invest in a location that underpins significant regional economic activity.

John Vella Drive QLD

  • Purchase Price - $24,000,000

  • Tenant: Team Global Express (formally Toll Global Express), a leading logistics solutions company.

  • Secure 5-year lease to March 2030 plus 1 option to renew of 5 years

  • The property benefits from some excellent fundamentals, namely its large 3.65ha parcel of industrial zoned land and with only 23% site coverage there is scope for expansion/development opportunities in the future.

  • The site comprises 3 buildings totalling 8,407sqm of modern warehouse, workshop and office space, as well as significant hardstand (approximately 18,000sqm) and truck manoeuvring area.

  • Guaranteed rental growth with fixed 3.5% annual rental increases

  • Investors have a clear liquidity option at the end of the term

Maggiolo Drive QLD

  • Purchase Price - $11,000,000

  • Tenant: FL Smidth & Co, a Danish multinational engineering company specialising in servicing the global mining and cement industries.

  • Secure 7-year lease to August 2032 plus 1 option to renew of 5 years

  • The substantial site of 9,538sqm comprises an amalgamation of 2 allotments and benefits from extensive concrete and gravel hardstand areas, 3 access / egress points and a low site coverage of only 33%.

  • The property is a modern industrial facility incorporating 3 freestanding buildings comprising 2 workshops and an office building totalling 3,218sqm. High tonnage gantry cranes are installed in the warehouses which benefit from significant internal clearance heights -maximum of 16 metres in the main workshop. 

  • Guaranteed rental growth with fixed 3.5% annual rental increases

  • Investors have a clear liquidity option at the end of the term

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BARON VANILLA
Office Address: Level 10, 12 St Georges Terrace, Perth, WA 6000 
Phone: (08) 9350 9977   |   Email: info@baronvanilla.com
Website: baronvanilla.com  
   

Baron Vanilla Management Pty Ltd is a Corporate Authorised Representative (CAR No. 001292810) of Baron Vanilla Capital Pty Ltd AFSL No. 539273. Performance figures and Portfolio properties refer to the combined past and present assets of the Group. 

©2025 BY BARON VANILLA MANAGEMENT PTY LTD

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