Hibiscus Nominees Joint Venture
This modern bulk retail property was constructed in 2014 on a design build contract with Bunnings and purchased by Centuria via a sale and leaseback agreement. The property has over 12,000sqm of net lettable area leased to Bunnings. The property is located in the rapidly expanding suburb of Silverdale with exposure to the Hibiscus Coast Highway and proximity to State Highway 1.
Key information
| Type | Retail |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
9.00% p.a. on the original unit value of $50,000 ($4,500 per unit p.a.)
Pre-Tax Gross distribution*The distribution rate disclosed above is the current distribution rate for the Scheme. There is no guarantee that the distribution rate will stay the same. Cash distributions are not guaranteed. |
| Net asset value |
$105,566 per unit as at 31 Mar 2026. Note: This does not consider costs to realise the investment if we were to sell the property, for example agents' commissions and liquidation expenses which usually work out to be between 3-5% of the net assets per unit. It is also subject to the accounting policies, judgement and estimation as disclosed within these. |
| Minimum holding | 1 unit |
| Important documents | |
Current opportunities
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 2 units | $180,000.00 | $90,000.00 | Thu 26 Nov 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/04/2026 | 1 | $70,000.00 |
| 01/03/2026 | 1 | $75,000.00 |
| 01/11/2025 | 1 | $65,000.00 |
| 01/07/2025 | 1 | $56,050.00 |
| 01/06/2025 | 1 | $55,038.00 |
| 01/12/2024 | 1 | $60,038.00 |
| 01/10/2024 | 1 | $60,000.00 |
| 01/12/2023 | 1 | $60,240.00 |
| 01/10/2023 | 1 | $63,000.00 |
| 01/06/2023 | 1 | $61,420.00 |
| 01/05/2023 | 2 | $64,500.00 |
| 01/04/2022 | 2 | $81,100.00 |
| 01/04/2022 | 1 | $101,000.00 |
