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AT Property Trust - Fully Subscribed

Investment
The Asset

Allenstown Shopping Cente is a well-established neighbourhood shopping centre located just off the Bruce Highway, approximately 3 kilometres south-west of the Rockhampton CBD. Positioned with triple street frontages and primary access via Derby Street, the centre is easily accessible, with additional entry points from Caroline and Canning Streets. Its location ensures strong visibility and convenience for both local residents and passing traffic.

The asset sits on a total landholding of approximately 19,000m2 which includes two adjoining land parcels and comprises of  a Gross Lettable Area (GLA) of approximately 8,000m² and offers a total of 339 car parking bays, including both at-grade and basement options.

The tenancy mix is anchored by Woolworths and The Reject Shop, and further supported by a range of national retailers, including Domino’s, Burger Urge, Specsavers, and Liquorland, delivering a strong and reliable retail offering.

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Key Stats
Address:
Derby Street, Allenstown, Rockhampton, QLD 4700
Property Settlement:
February 28, 2023
tenants:
Woolworths, The Reject Shop, Dominos, Burger Urge, Specsavers, Liquorland & 21 others
WALE:
5.26 years
Gearing:
50%
Investment Term:
7 years
Targeted Return:
7.00% P.A
Note: Figures correct as at 31st March, 2025
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