Countrywide Retail Trust

This commercial property trust is comprised of retail properties, predominantly neighborhood-style convenience shopping centres. They are strategically positioned in regional growth hubs with multiple drivers of future economic growth. The trust objective is to invest in retail shopping centres, primarily in regional areas, at opportune times, to directly benefit the investor and to diversify risk. Our objective is achieved by efficiencies that are derived from ownership of multiple assets of the same class and specialised retail expertise. You can view our Financial Services Guide here

Trust Snapshot

Established

Oct 14

Portfolio Valuation

$117.9M

Assets

7

Distribution p.a. (cents per unit)

6.5c

Lettable Area

61,759

Assets in this Trust

Bathurst Chase Shopping Centre

Bathurst Chase

39, William Street, Bathurst, New South Wales, 2795, Australia

Date of Acquisition: May 2015

Key Tenants: Coles, Liquorland, Silly Solly's, NDIA

Number of Tenancies: 21

Lettable Area: 7123.1sqm

Car Parks: 257

Big W Atherton

Big W Atherton

8, Mabel Street, Atherton, Queensland, 4883, Australia

Date of Acquisition: December 2015

Key Tenants: Big W

Number of Tenancies: 1

Lettable Area: 4,482sqm

Car Parks: 173

Port Hedland Boulevard shopping centre

Port Hedland Boulevard

150, Anderson Street, Port Hedland, Western Australia, 6721, Australia

Date of Acquisition: November 2016

Key Tenants: Woolworths, BWS, Town of Port Hedland Community Library, Harvey Norman, Euro Garages Australia

Number of Tenancies: 22

Lettable Area: 7,732sqm

Car Parks: 244

The Plaza @ Emerald

144, Egerton Street, Emerald, Queensland, 4720, Australia

Date of Acquisition: December 2014

Key Tenants: Coles, Rivers, Snap Fitness

Number of Tenancies: 22

Lettable Area: 6,564sqm

Car Parks: 321

The Village

The Village @ Emerald

51-57, Hospital Road, Emerald, Queensland, 4720, Australia

Date of Acquisition: December 2014

Key Tenants: Woolworths, BWS, Rockmans, Specsavers, CBA

Number of Tenancies: 24

Lettable Area: 7,004sqm

Car Parks: 342

Westside Plaza

Westside Plaza

5, Galena Street, Broken Hill, New South Wales, 2880, Australia

Date of Acquisition: August 2015

Key Tenants: Woolworths, The Reject Shop, McDonalds, EG Fuelco Australia, Best & Less

Number of Tenancies: 33

Lettable Area: 17,787sqm

Car Parks: 830

Woodlands Shopping Centre

Woodlands Village

28, Palm Drive, Deeragun, Queensland, 4818, Australia

Date of Acquisition: December 2015

Key Tenants: Woolworths Plus Petrol, F45

Number of Tenancies: 18

Lettable Area: 5,592sqm

Car Parks: 227

Sold Properties

Coles-Narromine

Kierath’s Shopping Square

Dandaloo Street, Narromine NSW 2821

Sale Price: $4.2M
Date of Sale: July 2016
Internal Rate of Return: 25.23% Coles-Wellington

Coles Wellington

128/140 Percy Street, Wellington NSW 2820

Sale Price: $3.6M
Date of Sale: September 2016
Internal Rate of Return: 38.42% Riverdale-Shopping-Centre

Riverdale Shopping Centre

49-65 Macquarie Street, Dubbo NSW 2830

Sale Price: $20.17M
Date of Sale: March 2020
Internal Rate of Return: 16.55%