• Acquired a walk up, neighbourhood shopping centre in the established suburb of Dee Why with NLA of 4,614sqm and further development potential for $22.5 million
  • The centre is a convenience based shopping centre anchored by a Woolworths supermarket and liquor store, a gym, a reject shop and some specialty tenancies
  • Originally built in 1978, the centre underwent an extensive refurbishment in 2008/2009
  • Equity of $9.9 million raised in fund with a 5 year investment horizon