Doody Street Creative Studios is a four-storey creative hub redeveloped from a former warehouse in the heart of Alexandria. The strategy was to acquire the site, pre-commit a reputable tenant, and deliver a bespoke redevelopment supported by a long-term lease.

Close to South Eveleigh, Green Square and the CBD, theproperty is positioned in one of Sydney’s most dynamic precincts, attracting creative industries, design firms and tech tenants seeking authentic, adaptablespace.

The project preserved the warehouse character while introducing flexible floorplates and modern amenity, resulting in a secure, income-backed investment with strong long-term growth potential.

TheAustralian Hotel, Ballina was acquired by Blackfox Property in 2022 as a value-add investment in one ofthe Northern Rivers’ fastest-growing regional hubs.

Positioned on a prime corner site in the heart of Ballina, the asset combined strong existing trade with significant long-term development potential under favourable planning controls.

Working with an experienced publican, the strategy focused on repositioning the venue to strengthen its community role while unlocking future upside. The asset was successfully divested, delivering strong returns for investors.

The Great Southern Hotel Berry is an iconic, heritage-listed freehold asset located in the historic township of Berry on the NSW South Coast. Positioned on a prominent corner within the town’s vibrant high street, the property benefits from constant foot traffic, strong local patronage, and a growing tourism base attracted by Berry’s boutique retail, artisanal food scene, and country charm.

The hotel comprises multiple income streams across bar, dining, accommodation, and event hosting, with potential for enhanced performance through targeted capital upgrades or operational partnerships. With Berry increasingly recognised as a premium lifestyle destination just two hours from Sydney, the demand for high-quality hospitality offerings continues to outpace supply.

The asset aligns with Blackfox Property Group’s strategy of acquiring character-rich, regionally strategic holdings in supply-constrained markets. With its historical appeal, prime location, and diverse revenue base, the Great Southern Hotel Berry presents both immediate cashflow and long-term upside through repositioning or experiential redevelopment.

391 Victoria Road, Rydalmere was acquired as a purpose-built specialist disability accommodation complex, fully leased to Zenitas Healthcare on a 10-year triple-net lease.

Completed in 2018, the property comprised 12 adaptable residential units designed to NDIS standards, delivering secure cashflows backed by fixed annual rent increases.

Strategically located near Parramatta and benefiting from major infrastructureinvestment, the asset offered investors a stable income profile with strongcovenant strength.

978–980 Hunter Street, Newcastle West was acquired as a large-format retail investment fully leased to Fantastic Furniture on a secure 5 year lease.

The property generated strong monthly cash distributions, with an average forecast yield of ~8% p.a. Initially underwritten to deliver a 12% IRR over a five-year horizon, the asset has recently been revalued, with the revised forecasts indicating an IRR of approximately 17%.

Strategically located in Newcastle’s fast-growing West End precinct, the asset provides both stable income from a national tenant and significant future development potential for high-rise residential in the heart of Newcastle.

Toowoomba Retail Hub was acquired in 2024 as part of BFP Opportunity Trust 1.

The 9,490 sqm propertycomprises a 5,723 sqm large-format retail warehouse fully leased to Fantastic Furniture and All Stars Gymnastics, generating stable income with fixed annual rental increases.

Strategically located directly opposite Bunnings and within Toowoomba’s core retail precinct, the asset benefits from high exposure in oneof Australia’s fastest-growing inland regional cities.

Prior to purchase, Blackfox successfully renegotiated the lease with the major tenant, Fantastic Furniture, extending the WALE by 7 years and increasing rent by 16%.

Forecast to deliver average distributions of ~8% p.a. and a 12–15% IRR over a 5–7 year term, the investment combines secure cashflow with significant value-add potential through rental reversion and lease extension negotiations.

Wickham Growth precinct was acquired in 2024 as a strategic brownfield redevelopment opportunity inNewcastle’s fast-growing inner city.

The 9,100 sqm mixed-use zoned site benefits from a 4:1 FSR (with design excellence bonus) allowing up to ~40,000sqm of GFA, equating to more than 300 apartments with ground-floor retail.

Located just 400 metres from the Wickham Transport Interchange and 500 metres from the harbour, the property sits at the heart of Newcastle’s urban renewal precinct. With remediation works underway and strong council support forhigher-density development, the strategy is to acquire the site post EPA signoff that the site is ready for development and position the site for saleor joint venture delivery.

The project offers investors exposure to one of NSW’s most compelling growth corridors with significant upside through rezoning-led value creation

Tomago Industrial Gateway is a well-connected, large industrial site with flexible zoning and direct access to major transport corridors in the Hunter Region.

‍Purchased ~ 30% below replacement cost, the 7,367 sqmfacility is fully leased to two strong tenants.

The investment was structured to deliver average forecast monthly distributions of 6.7% p.a. (with potential upside to 8.3%) and a target IRR of 14–15% over a 7-year term.

With record-low vacancy rates, significant rental reversion potential (~40%), and prime positioning within the Hunter Region’s growth corridor, the asset offers investors a compelling combination of secure income and value-add upside.

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Shepparton Retail Hub was acquired in 2024 as a 100% leased, Officeworks-anchored large format retail centre in Victoria’s fifth-largest regional city.

Purchased below replacement cost, the 10,200 sqm site provides stable income underpinned by blue-chip tenants Wesfarmers (Officeworks) and Metcash (Bottle-O), complemented by Red Rooster.

Since acquisition, Blackfox has enhanced the tenant mix by replacing Club Lime Gym with Petbarn on a new 8-year lease, while also increasing averageinvestor distributions from 8% to 9.5% p.a.

Based on recent market transactions, the asset is now forecast to deliver an IRR of ~20%, significantly above the original 12–13% target, demonstrating both strong income security and substantial value creation in a growing regional economy.

Shepparton Home, 290 Benalla Road was acquired in 2025 as a well located large-format retail centre anchored by Fantastic Furniture and Nick Scali.

The 13,661 sqm centre is 100% leased to astrong line-up of national retailers. Prior to acquisition, Blackfox successfully negotiated a surrender with one major tenant and secured a new10-year lease at a significantly higher rent, increasing returns above original forecasts.

Purchased ~40% below replacement cost, the investment was structured to deliver average monthly distributions of 8% p.a. and a target IRR of 13–14%.

With strong rental reversion potential, quality tenant covenants and its prime location in Victoria’s fourth-largest regional city, the asset offers investorssecure income with substantial value-add upside.

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The Good Guys Retail Showroom was acquired in 2017 asa standalone large-format asset acquired with a high-quality national tenant ona long lease. Strategically positioned in a key metropolitan corridor, theproperty benefited from strong exposure, ease of access, and a broad consumercatchment, ensuring reliable trading performance.

The investment was underpinned by the strength of The GoodGuys’ covenant, with the long-term lease providing secure income and resiliencethrough market cycles. Its location within a tightly held retail precinct withlow vacancy supported rental growth and preserved long-term value.

Padstow Industrial Gateway was acquired as a well-locatedindustrial facility in one of Sydney’s most tightly held logistics corridors.

Positioned just minutes from the M5 Motorway, the site offered directconnectivity to Sydney’s airport, port and metro distribution networks,ensuring strong occupier appeal.

The asset benefited from sustained tenant demandand favourable underlying land value, with low passing rents at acquisitionproviding clear potential for income growth. This combination of locationstrength and leasing upside underpinned its strong performance duringBlackfox’s ownership.