Centuria Capital Group has secured the Margaret River Shopping Centre in WA for $15million, which will underpin a new a single-asset, closed-ended wholesale property fund - Margaret River Shopping Centre Trust. Located at 132 Bussell Highway in the heart of the Margaret River, the single-level daily needs shopping centre is anchored by a Coles Supermarket and Liquorland. Approximately 81% of the shopping centre's gross income is derived from the Coles Group and this particular supermarket's Moving Annual Turnover (MAT) is 10.2% above the industry benchmark.

The asset is 100% occupied2 and provides a 2.8-year WALE3, enabling Centuria to draw on its strong inhouse asset management and leasing capabilities to execute value-add strategies.