Multi-Tenanted Large Format Retail Centre

“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.