Portfolio

Screen Shot 2021-02-10 at 10.16.42 pm.pn
18.png
P1120732.jpg
905.png
Screen Shot 2021-02-10 at 10.01.49 pm.pn
36.png
45st.jpg
45.png
IMG_5296.jpg
28.png
25_TD.png
25_SS_logo.png
Screen Shot 2021-02-10 at 10.10.26 pm.pn
12.png
25_TD.png
25TD_LOGO.png

Property Locations

Property Locations

Redhill 18 BHD Unit Trust
Bentley, Western Australia

Redhill Partners Wholesale Investor Syndicate

1/7
  • 18 Brodie-Hall Drive, Bentley, Western Australia, is a campus style office site located 6km of the Perth Central Business District, within the Technology Park Bentley, WA. The Property comprises two adjoining completely refurbished two level office buildings.

  • Recent major refurbishment completed in 2018, with large underlying land holding of 6,609 sqm.

  • Fully leased to a high-quality tenant, Horizon Power, a State Government owned energy provider until 2028, providing 9.4 years of secured income with fixed annual rent review.

  • Syndicated to Australian wholesale investors, with an estimated first year dividend of 8.0% with an average of 9.1% over a 7-year investment term

Location

18 Brodie-Hall Drive, Bentley, WA, AUS

Purchase Price

AUD $18.25m

Car Bays

93 Bays

Net Lettable Area (NLA)

4,350 sqm

Site Area

6,609 sqm

Current Investor Distribution

10%

Occupancy

100%

WALE

9.4 years

Redhill 36 BS Unit Trust 
Eight Mile Plains, Queensland

Redhill Partners Wholesale Investor Syndicate

1/3
  • 36 Brandl Street, Eight Miles Plains, QLD, is a commercial office property located in Brisbane Technology Park, Queensland’s largest commercial business and technology precinct, which is approximately 15 minutes' drive from the Brisbane CBD, and houses over 200 leading local and national companies. 

  • 1,984 sqm of fully occupied quality office space, including 74 percent occupied by the Department of Public Works (QLD State Government) and 26 percent occupied by Covetrus Software Services, a US-listed global animal health technology provider (NASDAQ:CVET) with a market capitalisation of approximately US$2.5bn.

  • WALE of approximately 5.1 years with fixed annual rent reviews. 

  • Syndicated to Australian wholesale investors, with an estimated first year dividend yield of 7.5% and an average of 7.7% over a 5-year investment term.

Location

36 Brandl Street, Eight Mile Plains, QLD, AUS

Purchase Price

AUD $10.8m

Car Bays

N/A

Net Lettable Area (NLA)

1,984 sqm

Site Area

3,940 sqm

Current Investor Distribution

6.41%

Occupancy

100%

WALE

5.1 years

Redhill 441 MS Unit Trust 
Perth, Western Australia

Acquired by Redhill Partners and a Hong Kong based family office

441 Murray Street, Perth, WA
441 Murray Street, Perth, WA

press to zoom
441 Murray Street, Perth, WA
441 Murray Street, Perth, WA

press to zoom
441 Murray Street, Perth, WA
441 Murray Street, Perth, WA

press to zoom
441 Murray Street, Perth, WA
441 Murray Street, Perth, WA

press to zoom
1/10
  • 441 Murray Street, Perth, Western Australia is a modern B-grade office building with NLA of 5,849 sqm over 8 office levels and 1 level of basement secure car parking for 39 vehicles. 

  • The building is located in the desirable western end of the Perth Central Business District. 

  • Value-add strategy, Redhill Partners handles the repositioning of the asset.

Location

441 Murray Street, Perth, WA, AUS

Purchase Price

AUD $22.0m

Car Bays

39

Net Lettable Area (NLA)

5,849 sqm

Site Area

1,708 sqm

Current Investor Distribution

N/A

Occupancy

100%

WALE

N/A

Redhill 28 ESP Unit Trust
Perth, Western Australia

Acquired by a Redhill Partners and a NYSE-listed Private Equity Group

28 The Esplanade, Perth, WA
28 The Esplanade, Perth, WA

press to zoom
28 The Esplanade, Perth, WA
28 The Esplanade, Perth, WA

press to zoom
28 The Esplanade, Perth, WA
28 The Esplanade, Perth, WA

press to zoom
28 The Esplanade, Perth, WA
28 The Esplanade, Perth, WA

press to zoom
1/4
  • 28 The Esplanade, Perth, Western Australia (formerly known as BGC Centre)  is a 20-level A-Grade office building with ground floor amenity and generous basement parking, located in the core of the Perth Central Business District. Extensive refurbishments were completed in 2017.

  • The office levels have large divisible floorplates of approximately 920 sqm  with central service core, excellent natural light from all elevations and a panoramic view of the Swan River.

  • 91% of capital was committed by a NYSE-listed private equity group with AUM of more than USD 300bn.

  • Value-add strategy, Redhill Partners handles the repositioning of the asset.

Location

28 The Esplanade, Perth, WA, AUS

Purchase Price

AUD $100.6m

Car Bays

179 Bays

Net Lettable Area (NLA)

15,263 sqm

Site Area

2,352 sqm

Current Investor Distribution

7.00%

Occupancy

87.18%

WALE

2.2years

Redhill 12 CR Unit Trust
Canning Vale, Western Australia

Redhill Partners Wholesale Investor Syndicate

12 - 16 Catalano Rd, Canning Vale, WA
12 - 16 Catalano Rd, Canning Vale, WA

press to zoom
12 - 16 Catalano Rd, Canning Vale, WA
12 - 16 Catalano Rd, Canning Vale, WA

press to zoom
12 - 16 Catalano Rd, Canning Vale, WA
12 - 16 Catalano Rd, Canning Vale, WA

press to zoom
12 - 16 Catalano Rd, Canning Vale, WA
12 - 16 Catalano Rd, Canning Vale, WA

press to zoom
1/3
  • 12 – 16 Catalano Road, Canning Vale, WA is a fully leased industrial property sitting on a large 12,800 sqm land parcel in the established industrial precinct of Canning Vale, Perth.

  • 3,433 sqm of high quality warehouse / office space fully leased to Barclay Engineering, which is currently using it as its head office and main production facility.

  • Triple net 7 year lease term with fixed annual rent reviews.

  • Syndicated to Australian wholesale investors, with an estimated first year dividend yield of 8.0% and an average of 8.5% over a 5-year investment term.

Location

12 - 16 Catalano Rd, Canning Vale, WA

Purchase Price

AUD $6.83m

Car Bays

N/A

Net Lettable Area (NLA)

3,433 sqm

Site Area

12,800 sqm

Current Investor Distribution

8.25%

Occupancy

100%

WALE

7.0 years

Redhill DP Unit Trust
Perth, Western Australia

Acquired by a Redhill Partners and a NYSE-listed Private Equity Group

905 Hay Street, Perth, WA
905 Hay Street, Perth, WA

press to zoom
905 Hay Street, Perth, WA
905 Hay Street, Perth, WA

press to zoom
905 Hay Street, Perth, WA
905 Hay Street, Perth, WA

press to zoom
905 Hay Street, Perth, WA
905 Hay Street, Perth, WA

press to zoom
1/5
  • 905 Hay Street is an A-grade 14 storey office building with 3 adjacent heritage premises, located at the western end of Perth CBD with direct access to St Georges Terrace.

  • Total net lettable area of 14,814 sqm comprising a 14-storey large commercial office building and three adjacent heritage premises;

  • The property was built on a 3,229 sqm site in 2010 and was previously fully occupied by Chevron Australia for 10 years.

  • Majority of capital was committed by a NYSE-listed private equity group with AUM of more than USD 300bn.

  • Fully vacant, Redhill Partners is pursuing and implementing a value-add strategy to reposition the asset

Location

905 Hay Street, Perth, WA

Purchase Price

AUD $67.8m

Car Bays

N/A

Net Lettable Area (NLA)

14,814 sqm

Site Area

3,277 sqm

Fully Leased Yield

11.27%

Occupancy

5.59%

WALE

0.2 years

Redhill 45 SGT Unit Trust 
Perth, Western Australia

Acquired by Redhill Partners and a SGX Listed Real Estate Group

45 St Georges Terrace, Perth,WA
45 St Georges Terrace, Perth,WA

press to zoom
45 St Georges Terrace, Perth,WA
45 St Georges Terrace, Perth,WA

press to zoom
45 St Georges Terrace, Perth,WA
45 St Georges Terrace, Perth,WA

press to zoom
45 St Georges Terrace, Perth,WA
45 St Georges Terrace, Perth,WA

press to zoom
1/9
  • 45 St Georges Terrace, Perth, Western Australia is a modern B-grade office building with NLA of 10,010 sqm over 9 office levels, 2 basement levels and 31 car bays.

  • The building occupies a prominent St Georges Terrace frontage between Barrack Street and Sherwood Court, and is situated within the heart of Perth’s financial district.

  • 95% of capital was committed by an SGX listed company, which has a market cap of more than SGD $1b.

  • Value-add strategy, Redhill Partners handles the repositioning of the asset.

Location

45 St Georges Terrace, Perth, Australia

Purchase Price

AUD $57.0m with AUD $3.5m incentives pay out (Net AUD $53.5m)

Car Bays

31 Bays

Net Lettable Area (NLA)

10,010 sqm

Site Area

1,826 sqm

Current Investor Distribution

12.5%

Occupancy

80.10%

WALE

4.1 years

 
 
 
 
 
 
 
 

Redhill 25 SS Unit Trust 
Brendale, Queensland

Redhill Partners Wholesale Investor Syndicate

01P 25 Strathwyn Street Brendale Print
01P 25 Strathwyn Street Brendale Print

press to zoom
04W 25 Strathwyn Street Brendale WEB
04W 25 Strathwyn Street Brendale WEB

press to zoom
21W 25 Strathwyn Street Brendale WEB
21W 25 Strathwyn Street Brendale WEB

press to zoom
01P 25 Strathwyn Street Brendale Print
01P 25 Strathwyn Street Brendale Print

press to zoom
1/11
  • 25 Strathywn Street, Brendale, Queensland compromises approximately 4,250 sqm of modern office, production and warehouse space.

  • Fully occupied by IPG Marketing Solutions, a wholly owned subsidiary of Domino's Pizza Enterprises Limited an ASX-listed entity (ASX:DMP) with an estimated market cap of $7.9bn.

  • The property has been configured to suit the current tenants requirements providing 1,809 sqm of  warehouse space and 1,700 sqm temperature controlled production area with the remain balance as office space.

  • Syndicated to Australian wholesale investors, with an estimated first year dividend yield of 7.50% and an average of 7.70% over a 5-year investment term.

Location

25 Strathwyn Street, Brendale, QLD

Purchase Price

AUD $9.5m

Car Bays

N/A

Net Lettable Area (NLA)

4,250 sqm

Site Area

6,758

Current Investor Distribution

7.50%

Occupancy

100%

WALE

5.4 years

REDHILL 25 TD UNIT TRUST 
Coorparoo, Queensland

Redhill Partners Wholesale Investor Syndicate

05W 25 Turbo Drive Coorparoo WEB
05W 25 Turbo Drive Coorparoo WEB

press to zoom
28W 25 Turbo Drive Coorparoo WEB
28W 25 Turbo Drive Coorparoo WEB

press to zoom
07W 25 Turbo Drive Coorparoo WEB
07W 25 Turbo Drive Coorparoo WEB

press to zoom
05W 25 Turbo Drive Coorparoo WEB
05W 25 Turbo Drive Coorparoo WEB

press to zoom
1/9
  • Income from 7-year lease from settlement with 2.5 % annual escalation over the lease period.

  • Situated within the priority infrastructure area of the Brisbane City Plan and set to benefit from Brisbane’s urban development prior to the 2032 Olympic games.

  • Leased by multi-award winning Advanced Business Technologies with over 20 years of industry-leading expertise.

Location

25 Turbo Drive, Coorparoo QLD

Purchase Price

AUD $9.5m

Car Bays

N/A

Net Lettable Area (NLA)

2,358 sqm

Site Area

2,842 sqm

Current Investor Distribution

7.00%

Occupancy

100%

WALE

7-years