Originally purchased and refurbished in 2015 to accommodate anchor tenant Gilbert’s Fresh.

The shopping centre sits on a 5,700sqm site and benefits from an R160 Activity Centre zoning that will accommodate multiple levels of mixed-use accommodation across a longer-term redevelopment timeframe. The Centre’s catchment area benefits from a demographic characterised by a gentrifying local population that sits only 3.5 kilometres east of the port city of Fremantle.

The property was purchased by QUBE to deliver long-term capital and income returns for QUBE investors.

QUBE investors hold their interest as shareholders of a single-asset QUBE company with distributions paid as franked dividends to shareholders quarterly.