MPG BW Newstead Trust

The MPG BW Newstead Trust provides investors with an opportunity to invest in a brand new Bunnings Warehouse and retail centre, located in inner metropolitan Brisbane.

Status: Closed

Year started: 2016

Total Assets: $96.01 million

Assets: 1

Occupancy: 100%

National Tenant on a long term lease

An agreement to lease the warehouse component of the building to “Bunnings Group Limited” (a subsidiary of ASX listed Wesfarmers Ltd) has been secured for a term of 12 years (plus 8 additional 6 year options) from the date of completion. The speciality tenancies have been supported by a three year rental guarantee from Bunnings Group Limited until such time as they are fully let.

Attractive regular tax-advantaged returns

Forecast cash yield of 5.00% pa* to be paid quarterly. Depreciation and building allowances mean a high proportion of this income will be tax-advantaged.

Potential for capital growth

Long term population growth forecast for region and fixed rental growth augurs well for future capital price appreciation.

Experienced manager with a proven track record

The Trustee, MPG Funds Management Ltd. has over 20 years of commercial property investment, management and development experience.

Defined exit strategy

The trust has a defined exit strategy at the end of five years post practical completion.

Reduced capital volatility

Australian direct property has historically experience lower volatility than listed Australian and international shares and REITs.