BC Property Trust - Fully Subscribed

Investment
The Asset

Boambee Central is a popular neighbourhood shopping centre located on the southern fringe of Coffs Harbour, within New South Wales’ Mid North Coast region. Positioned on a prominent corner site approximately 800 metres from the Pacific Highway and just 6 kilometres from the Coffs Harbour CBD, the property offers strong local connectivity.

The centre is anchored by Ritchies Supa IGA, Australia’s largest independent supermarket and liquor operator, occupying 88% of the total Gross Lettable Area (GLA). Complementing Ritchies Supa IGA, includes three essential specialty retailers, the Discount Drug Store Pharmacy, Vinnies Master Wok, and Cassidy’s Café, creating a well-rounded offering for the local community.

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Key Stats
Address:
Corner Bruce King Drive & Linden Avenue, Boambee NSW 2450
Property Settlement:
May 12, 2022
tenants:
Ritchies Supa IGA Supermarket, Discount Drug Store Pharmacy, Vinnies Master Wok, and Cassidy’s Café
WALE:
12.11 years
Gearing:
50%
Investment Term:
5 years
Targeted Return:
8.50% P.A
Note: Figures correct as at 31st March, 2025
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