Arcana Capital’s fourth acquisition for 2023

We are pleased to announce our fourth and final acquisition for 2023, with the settlement of 17 Greenfields Blvd Mackay for $12.3 million.

Fully leased to national retail operators, reflecting a WALE of 6.5-years, this property is strategically located in the Mount Pleasant Retail Hub with significant Bruce Highway Exposure.

In the current competitive commercial property landscape, the 17 Greenfields Blvd Mackay Unit Trust is projected to deliver an annualised distribution of 8.00% p.a. paid monthly to wholesale investors.

This property was acquired via CBRE.