Retail Investment – Open to Wholesale Investors
Retail Investment – Open to Wholesale Investors
Description
**Arcana Capital seeking wholesale investors for this blue-chip retail property trust. Invest as little as $100,000 returning in Year 1, an annualised yield of 8.00%. Forecast to increase to 8.25% in year 2, with income (distributions) paid monthly.
- The property features:
- Fully leased to established national tenants Betta Home Living, Beds R Us, Clark Rubber, Silly Solly’s and Intersport
- Long leases with a WALE (weighted average lease expiry) of 6.5 years
- Net Income: $1,017,120pa + GST Mix of 3%, 4% and CPI rent increases Net lettable area of 6,241sqm
- 203 on-site car spaces
- Massive high profile 2.18 hectare (21,800*sqm) site
- Prime 177 metre frontage to Bruce Hwy – estimated 11.2 million cars passing annually
- 3kms north of the Mackay CBD in a dominant retail precinct
- Mackay: one of Queensland’s fastest growing coastal cities and home to over 177,000 residents
Address
Open on Google Maps-
Address: 17 Greenfields Boulevard
-
State/county: Queensland
-
Zip/Postal Code: 4740
-
Area: Mackay/Whitsundays
Details
Updated on July 17, 2024 at 6:12 am-
Property ID CECI-3590
-
Property Size 6,241 sqm
-
Land Area 2.18 sqm
-
Property Type Syndicated Investments
-
Property Status Fully Subscribed
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
