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Lester Group Investment Opportunity
Friday 17 January, 2020
Midland Megaplex Trust (Revised and updated)
8.2% average annual cash return
Lester Group are pleased to re-offer the Midland Megaplex, a large format commercial centre opposite the new Midland Bunnings Warehouse (currently under construction) which boasts some large recognisable brands as tenants.
 
  • Newly developed large format commercial centre;
  • 12 tenants, 93.4% occupied;
  • 7.9 years average lease term (WALE);
  • 2 year rent guarantee from vendor on proposed pharmacy lease; 
  • 1 year rent guarantee from vendor on all other vacancies;
  • 8.2% average annual cash return;
  • 8 year investment term;
  • A new Bunnings Warehouse is currently being developed across the road;
  • Non-recourse debt, up to 55% of the Property’s initial valuation;
  • Lester Group will invest at least $1 million;
  • Simple unit trust structure suitable for qualifying superannuation funds;
  • Lester Group will manage all aspects of the Property and Trust; and
  • This Invitation is to Sophisticated Investors and Professional Investors only.
We are expecting a quick take up of this offer and encourage you to review the Information Memorandum as a priority to ensure you don't miss out.

Please note the purchase and final projections are subject to due diligence.
 
View the Information Memorandum
Midland Megaplex video

Important Note: This is not an offer or invitation to invest. It is not intended to, nor does it contain any recommendation or opinion in relation to the issue of units in a property syndicate. Investors should read the Information Memorandum and obtain their own independent professional advice before making any financial decisions in relation to the issue of units in a property syndicate.

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