MPG Case Studies

MPG Retail Brands Property Trust

About the Trust

The MPG Retail Brands Property Trust (“Trust” or “RBPT”) is a diversified investment portfolio of nine retail properties and unit holdings in other property Trusts, that are leased to brand name tenants including: Bunnings, Coles, Woolworths and Kmart, amongst others.

Over the duration of the most recently completed  investment term of the Trust (from 2015 to 2022), which included the COVID-19 Pandemic, the RBPT performed remarkably well. Distributions were paid quarterly over this period and we saw the Total Assets of the Trust grow from $59.7 million to $152.5 million at the end of the term in June 2022.

The supermarket turnover for the anchor tenants (Coles and Woolworths) at the Neighbourhood Shopping Centres continued to increase due to population growth in the carefully selected locations.

The Trust was available to retail investors and has successfully raised $65.97 million since inception until the most recent rollover in June 2022.

To read more about the returns to Investors at the last rollover, value add activities by MPG, and performance history, click here.

Disclaimer: Please note, past performance is not indicative of future performance. Any case studies on past sales provide a selection of historical information relating to the sale or rollover of these particular Trusts. The case studies are in summary form only and have no correlation to any other MPG Trusts. Total returns include capital gains as well as distributions paid during the life of completed funds shown on a per annum basis. Performance has been determined after the properties are wound up or rolled over for a further term. Each fund managed by MPG will have different characteristics, properties and risk, and should be assessed by an investor independently of the performance of completed funds. Before considering any investment, please read the PDS/IM in its entirety and consult with your financial adviser prior to making an investment decision.

MPG Hardware Trust 2

About the Trust

The MPG Hardware Trust 2 (“Trust”) contains a standalone 9,512 sqm Bunnings warehouse property located in Kingston in Tasmania. Kingston is located in the Shire of Kingsborough and is located 15 kilometers southwest of Hobart via the Channel Highway and is one of Tasmania’s fastest growing regions.

The property is well positioned and enjoys extensive street frontage and visibility from the Channel Highway.  It is in close proximity to the local Kingston Town Shopping Centre and Channel Court Shopping Centre as well as the Kingston Primary School and popular Kingston Beach. This busy location ensures a steady stream of traffic to the property.

There are a number of residential housing subdivisions which have started construction in the surrounding areas. The increase in housing may lead to an ever increasing demand for hardware and bulky goods items.

In 2016, the Trust successfully raised $8.3 million from wholesale investors to allow MPG to develop the property, which Bunnings leased on completion, for an initial 12-year term.

The Kingston Bunnings property had a value at the time of the Trust rollover in 2023 of $26.6 million.

To read more about the returns to Investors at the last rollover, value add activities by MPG, and performance history, click here.

Disclaimer: Please note, past performance is not indicative of future performance. Any case studies on past sales provide a selection of historical information relating to the sale or rollover of these particular Trusts. The case studies are in summary form only and have no correlation to any other MPG Trusts. Total returns include capital gains as well as distributions paid during the life of completed funds shown on a per annum basis. Performance has been determined after the properties are wound up or rolled over for a further term. Each fund managed by MPG will have different characteristics, properties and risks, and should be assessed by an investor independently of the performance of completed funds. Before considering any investment, please read the PDS/IM in its entirety and consult with your financial adviser prior to making an investment decision.

MPG Tweed Hub Trust

About the Trust

The MPG Tweed Hub Trust (“Trust”) contains an established 9,757 sqm (GLA) convenience retail centre, leased to 17 tenants, which include household names such as: 1st Choice Liquor, KFC, Hungry Jacks, 7-Eleven and The Good Guys amongst others.

The property is located in Tweed Heads in northern New South Wales, which is just over 30 km south of Surfers Paradise and 102 km south of Brisbane. The site is very prominent within the major retail and commercial precinct of Tweed Heads, with excellent exposure to passing traffic through its large street frontage.

The Gold Coast is experiencing rapid economic and population growth, with its Gross Regional Product (GRP) growing significantly faster than Queensland’s and Australia’s national averages, and is projected to reach a population of 1 million people by 2040.

The Trust successfully raised $21.62 million from wholesale investors to purchase the property in 2018. The property had a value of $56.0 million at the time of the Trust rollover in 2025.

To read more about the returns to Investors at the last rollover, value add activities by MPG, and performance history, click here.

Disclaimer: Please note, past performance is not indicative of future performance. Any case studies on past sales provide a selection of historical information relating to the sale or rollover of these particular Trusts. The case studies are in summary form only and have no correlation to any other MPG Trusts. Total returns include capital gains as well as distributions paid during the life of completed funds shown on a per annum basis. Performance has been determined after the properties are wound up or rolled over for a further term. Each fund managed by MPG will have different characteristics, properties and risk, and should be assessed by an investor independently of the performance of completed funds. Before considering any investment, please read the PDS/IM in its entirety and consult with your financial adviser prior to making an investment decision.

MPG Motor Vehicle Dealership Trust

Investment rationale

Established in 2005, the MPG Motor Vehicle Dealership Trust invited minimum investments of $30,000 to fund a $5.4 million showroom in Epping, Victoria. The new showroom was purpose built for Bayford Motors by McMullin Group.

Our Chairman, Trevor Gorman highlighted the potential for strong capital growth due to significant forecasts in population growth and infrastructure developments. These included the Craigieburn Bypass (completed in 2005) and the expansion of housing estates in the nearby suburb of Mernda.

In the PDS (Product Disclosure Statement), the 5 year average return was forecast to be 8.4%.

An investor of $100,000 received $8,400 in distributions each year, which were significantly tax-advantaged. At the end of the first 7 year term (April 2012), almost 90% of unitholders decided to remain in the Trust and roll over for a further 7 year term.

Our Expertise

In 2014, Bayford Motors exercised their option for a further lease term. Our expert analysis showed that this was a good time to realise the growth for the investors, so the property was sold at a hotly contested auction for $9,300,000 in February 2015.

As a result of their initial $100,000 investment, investors realised $240,000 in distributions and capital gain over the 9 year period. This makes an average total annual return of 11.96%.

Many investors used these proceeds to invest in the MPG Seaford Meadows Property Trust, which was opened at the same time.