Banner SS & CS Fund completes second acquisition in Williamtown
05 May 2021
Banner Asset Management is pleased to announce that the Banner Service Station & Convenience Store Property Fund has completed its second acquisition at Williamtown, NSW.
The 24,850 sqm development site is well located roughly 26km north of the Newcastle CBD and roughly 2km south of Newcastle airport Williamtown RAAF. The site has Development Approval and once tenant commitments are finalized construction will commence.
The Banner Service Station & Convenience Store Property Fund is a multi-asset open ended fund investing in combined service station, convenience store, fast food and similar uses to provide investors with quarterly income and capital growth with pre-committed national tenants. The Fund sources sites for acquisition, development, and ultimate holding as a long-term income producing asset.
The Fund is now open for new investments. We will be pleased to provide a more detailed presentation for interested investors.
For more information please contact: