per annum
TARGET DISTRIBUTIONS PAID MONTHLY*
million plus
TARGET SIZE OF FUND ONCE CLOSED
min investment
*Forecast distributions are not promised nor guaranteed and are based upon a number of assumptions. Their achievement is subject to risks. The target return range is a target only, not a forecast and it might not be achieved. Please refer to the PDS for more information, noting the section on financial information and risks.
Diversified fund comprised of national and ASX listed tenants
This commercial property fund is underpinned by high profile tenants and aims to provide investors with regular monthly income and the potential for capital growth*.
The Fund is now in the processing of acquiring a third asset, a retail complex in Southern River, WA anchored by major tenant Dan Murphy’s and a tavern/bistro, leased to the ASX listed Endeavour Group until 2034, plus other tenancies. Strategically located in one of Perth’s fastest growing residential corridors, the asset is fully leased with a robust WALE of 8.6 years.
- 7% p.a. target distributions paid monthly (potential for capital growth in addition).*
- Strong lease covenants. Tenants include Dan Murphy’s, Holman Industries and Blackwoods, a wholly owned subsidiary of Wesfarmers.
- Properties diversified by state, asset class and number of tenants.
- Designed to provide regular income to investors, while targeting assets that have the potential for capital growth.*
Below is a selection of some of the tenants:

Third Tranche Raise Now Open
Offering investors the opportunity to invest in a portfolio of high-quality commercial properties, the Westbridge Diversified Fund No.4 will be aiming to acquire properties diversified by state, asset class and number of tenants.
The Fund is designed to provide regular income to investors, while targeting assets that have the potential for capital growth.*
The latest addition to the fund is a diversified retail offering comprising a freestanding Dan Murphy’s store, adjoining Brooklands Tavern and a single level retail building, which is 100% leased with a WALE of 8.62 years.
This asset joins the two recently acquired properties by the fund. A site consisting of two modern, adjoining industrial distribution facilities in Broadmeadows, Victoria and a recently upgraded warehouse logistics facility in Canning Vale, WA. Both assets are on significant land holdings, in prime industrial locations.
This acquisition focus remains regular with our existing diversified series, with a national mandate focusing on assets where there are compelling attributes for investment.
Expressions of Interest
Now Open
Total Raise
$11,000,000
Minimum Investment
$50,000
Funds Required
3 June 2022
Target Market Determination
View the Target Market Determination
Success Highlights | Diversified Series
Westbridge Diversified Fund No.4 follows on from our popular Diversified Series.
Read more on our past performance and success below.
Past performance is not a reliable indicator of future performance. Performance comparisons are provided purely for information purposes only and should not be relied upon.

Third Asset
1-7 Holmes Street, Southern River WA
1-7 Holmes Street, Southern River, a retail complex anchored by a Dan Murphy’s, is the third asset to be added to the Fund. The asset comprises a freestanding Dan Murphy’s and a tavern/bistro, leased to the ASX listed Endeavour Group until 2034 as well as a separate retail building which includes high-profile tenancies Baskin Robbins, Crust Pizza and LJ Hooker.
The property is strategically located adjacent to Woolworths and Aldi and is situated in one of Perth’s fastest growing residential corridors.
Occupying a high-profile corner site of some 1.07 hectares, the property benefits from prominent exposure to the major arterial thoroughfare, Warton Road. The asset offers convenient on-grade parking to the rear with the provision of approximately 160 car bays, which are easily accessed from both Warton Road and Holmes Street.
The on-site improvements consist of an open plan large format Dan Murphy’s retail liquor store fronting Holmes Street and an adjoining family-style tavern (Brooklands Tavern) at the rear of the property. The separate retail building fronting Warton Road is leased predominately to convenience based tenancies.
The asset is currently fully leased and boasts a diverse tenant mix and robust WALE of 8.6 years. The income stream, anchored by Dan Murphy’s and Brooklands Tavern (ALH Group), offers a combination of both national and local operators in a variety of well-performing business sectors.

Key Features
Address
1-7 Holmes Street, Southern River WA 6110
Land Area
10,744 sqm
Building Area
3,038 sqm
Tenants
Dan Murphy’s, Brooklands Tavern (ALH Group), Baskin Robbins, LJ Hooker, Crust Pizza plus others
Asset 3 - Investment Highlights
- A diversified retail offering comprising of a freestanding Dan Murphy’s store, adjoining Brooklands Tavern and a single level retail building. Further high-profile tenancies include Baskin Robbins, Crust Pizza and LJ Hooker.
- The property is anchored by the Australian Leisure and Hospitality Group (ALH), a wholly owned subsidiary of Endeavour Group (ASX:EDV), and accounts for over 62% of net income.
- Following the demerger from Woolworths in 2021, Endeavour Group has become Australia’s leading retail drinks and hospitality business. With a market capitalisation of over $13 billion, the company offers a suite of well-known brands including Dan Murphy’s, BWS, ALH Group, Jimmy Brings and Langton’s across more than 1,640 retail outlets nationally.
- A wholly owned subsidiary of Endeavour Group, ALH Group is Australia’s largest on-premise venue operator and currently manages a portfolio of over 330 distinct licensed venues in capital cities and urban and regional centres.
- 100% leased with a WALE of 8.62 years.
- Prominent corner landholding of some 10,744sqm benefitting from 58m of frontage to Warton Road and exposure to a high volume of passing traffic.
- The property is strategically located adjacent to Woolworths and Aldi and is situated in one of Perth’s fastest growing residential corridors.
- Modern improvements having a total lettable area of 3,038sqm.
- Two separate titles with the ability to sell the buildings individually offering flexible exit strategies.
Strategically Located
Straddling the border of Canning Vale and Southern River, the property lies approximately 17km south east of the Perth CBD, with strategic immediacy to major arterial roads and public transport networks such as Warton Road, Nicholson Road and Roe Highway. The asset services a rapidly growing residential corridor in the southern suburbs of Perth with the surrounding LGA having a population of some 120,000 people.
Directly adjacent to a freestanding Aldi and situated opposite a Woolworths, the property is located in an established retail precinct and acts as a key focal point for the surrounding residential catchment. The asset benefits from exceptional exposure with over 150m of total street frontage.

Second Asset - Canning Vale, WA
The second asset to be added to the Fund is a recently refurbished office/warehouse facility erected on a significant 23,177sqm general industrial zoned site in Canning Vale, WA, leased to Blackwoods, a wholly owned subsidiary of Wesfarmers.

ADDRESS
41-43 Baile Road, Canning Vale WA 6155
LAND AREA
23,177 sqm
BUILDING AREA
10,460 sqm
TENANT
Blackwoods, wholly owned subsidiary of Wesfarmers
INVESTMENT HIGHLIGHTS
- The generic facility and existing internal wall of the warehouse allows for future sub-division if required.
- A 5-year lease term agreed in February this year with 2 x 5 year options.
- Commencing rent of $815,000 per annum ($78/sqm) and annual CPI reviews providing regular cashflow for the Fund.
- The current passing rent is considered below current market rates, which allows for future positive rental reversion.
First Asset - Broadmeadows, VIC
To commence the fund, two adjoining industrial distribution facilities in Broadmeadows, Victoria were secured via a competitive on-market campaign, with the property leased to Holman Industries on 7-year lease term.

ADDRESS
125 & 145 Northcorp Boulevard, Broadmeadows VIC 3047
LAND AREA
14,381 sqm
BUILDING AREA
8,275 sqm
TENANT
Holman Industries
INVESTMENT HIGHLIGHTS
- The improvements comprise two separate buildings situated on 8,275sqm, with dual street frontages.
- Sale and Leaseback to Holman Industries on initial term of 7 years and 2×5 year options with a commencement net rent of $750,000 per annum ($91/sqm).
- Triple Net Lease (Lessee responsible for all outgoings including those of a capital/structural nature and management fees).
- The functional improvements and the ability for the buildings to be separated provides flexibility to lease to multiple users.
- Two separate titles with the ability to sell the buildings individually offering flexible exit strategies.
Expression of Interest
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