The Construction Source Australia

Acure’s approach goes beyond simply acquiring and holding properties. The company’s success is rooted in its ability to unlock the potential of each asset through active management. This includes a hands-on approach to repositioning properties, pursuing refurbishment or rezoning opportunities, and working to improve the value and income outlook of its assets. “It’s not just about acquiring properties; it’s about creating value through proactive management and improving the income outlook for each asset,” Rob explains. “This is how we create long-term growth and returns for our investors.” One example of Acure’s successful strategy is its acquisition of a mixed-use roadhouse property in Western Australia. Initially, this asset was a simple roadside roadhouse, but Acure recognised its potential and transformed it into a facility that now includes industrial land and a 150-room accommodation unit. This accommodation is currently leased to Rio Tinto, which uses the property to support its mining projects in the region. The property was acquired for $2.6 million, and within 12 months, Acure successfully secured industrial tenants for the adjacent land, generating an additional $1.3 million in rent revenue. This is a prime example of Acure’s ability to spot undervalued properties and reposition them to unlock significant value. “What started as a basic roadhouse is now a thriving mixed-use property,” Rob notes. “It shows how we can take something FEBRUARY 2025

RkJQdWJsaXNoZXIy OTYzNTg=