Home+ Enhanced Value Fund
Invest in a land-rich Large Format Retail (LFR) centre strategically positioned within one of Australia’s fastest-growing urban corridors, offering secure income and embedded value-add potential.
Investment Highlights
Home+ Enhanced Value Fund comprises a defensive Large Format Retail investment underpinned by national tenants, embedded rental reversion and strategic land value.
Home+ Enhanced Value Fund offers investors exposure to a defensive, income-producing retail strategy underpinned by national tenants and located within a high-growth metropolitan corridor.
Register interest
To register your interest / secure an allocation please complete the form.
Defensive Income + Strong Return Profile
- 100% occupied across 8 tenancies
- 4.4-year WALE providing income security
- 100% national tenant profile
Embedded Rental Growth
- 95% of GLA expiring during term
- ~13% positive rental reversion opportunity
Strategic Location
- Strategically positioned within Sydney’s North West Priority Growth Area, one of Australia’s fastest-growing population and infrastructure corridors.
Attractive Target Returns
- 16.3% target IRR
- 5.0% average annual distributions
Value Add Upside
- Opportunity to reconfigure the Bunnings tenancy on expiry and substantially increase the income via multiple tenancies.
Supply Constraints
- ~30% below replacement cost
- High barriers to new large format retail supply
Property Snapshot
| ASSET | VALUE | TENANTS | WALE | OCCUPANCY |
|---|---|---|---|---|
| McGraths Hill | $66.8m | 8 | 4.4 years | 100% |
Major Tenants
Income by Tenant
The Asset
McGraths Hill, Sydney NSW
SNAPSHOT
- 16,478 sqm GLA
- 37,840 sqm site
- 100% occupied
- 4.4-year WALE
- Located within Sydney’s fastest-growing North West corridor
KEY DRIVERS
- 4.6% p.a. population growth (vs 1.3% Sydney avg)
- 30,000+ new residents forecast
- Strong LFR spend growth trajectory
Location | 50 minutes from Sydney CBD
McGraths Hill sits within Sydney’s North West Priority Growth Area, the city’s fastest-growing corridor.
A fast-growing, home owning catchment expanding at 3.5 times the Sydney average supports strong LFR spending demand, projected to reach $1.4 billion by 2038 at a 5.6% p.a. growth rate.
Register interest
Home+ Enhanced Value Fund is a rare opportunity to access a land-rich Large Format Retail centre, offeriing secure income and exposure within one of Australia’s strongest growth corridors.
Allocations are strictly limited.
Get in touch
Should you have any queries, please get in touch with our Investor Relations team below.
Lyle Hammerschlag
Executive Director - Private Wealth
Dylan Tomkins
Director - Wealth Management
Nelmari Oelofsen
Investor Relations Manager
John Meigan
State Manager - Private Wealth, QLD
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securities. The information memorandum for the relevant financial product will contain full details of the terms and conditions of investment and should be read in full, particularly the risk section, prior to lodging any application. All investments involve risk and can lead to loss of your capital or diminished returns. Centennial is only licensed to provide general financial product advice about its products and recommends that after you receive the information memorandum for this financial product, you seek advice on the suitability of the investment outlined in this document to your objectives, financial situation and needs from your professional
advisers.
*The Core Property rating (assigned in June 2026) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. The rating is subject to change without notice and Core Property assumes no obligation to update the report.