Multi-Tenanted Large Format Retail Centre

17 Greenfields Blvd Mackay Unit Trust

  • “Multi-Tenanted Large Format Retail Centre” –

    17 Greenfields Blvd Mackay Unit Trust

    • 6,241m2 net lettable area (28% site cover);

    • 203 car parks (1:30m2); and

    • Bruce Highway exposure to over 30,000 vehicles per day.

  • 17 Greenfields Blvd,
    Mount Pleasant QLD.

  • Acquisition in December 2023 for $12,300,000
    (excl. GST).

    8.34% Net Passing Yield on Purchase Price.

  • $6,150,000 (based on 50.00% LVR).

    Variable – Non-Recourse.

  • Forecast distributions (paid monthly):

    • Year 1 (~7 December 2023 - 30 June 2024): 8.00% p.a. (annualised); and

    • Year 2 (1 July 2024 – 30 June 2025):
      8.25% p.a.

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