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Lester Group Investment Opportunity
Tuesday 21 January 2020
Please note: we have become aware that submitted forms indicating investor interest have not been received.

Please resubmit your interest directly to Russell Lester at 

Apologies for any inconvenience caused.
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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