The MPG BW Rockhampton Trust provides investors with an opportunity to invest in a large format retail centre, located in the major regional city of Rockhampton, QLD.
Status: Closed to new investors
Year started: 2019
Total Assets: $54.03 million
Assets: Rockhampton Place, Rockhampton QLD
Occupancy: 100%
Quality tenants
The centre is the second largest large format retail centre in Rockhampton and features a long lease to Bunnings Warehouse expiring in January 2030.
The centre is also home to brand name, large format tenants RSEA, King Kong Sales, Autobarn and PETstock.
Attractive regular tax-advantaged returns
Forecast initial yield of 5.00%* pa to be paid quarterly. Depreciation and building allowances allow a high proportion of this income to 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.
Defined Exit Strategy
The Trust has a defined exit strategy of seven years.
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.
Reduced capital volatility
Australian direct property has historically experienced lower volatility than listed Australian and international shares and REITs.
Net Tangible Assets: $1.17 (30 June 2024)
Minimum investment: $500,000
Dividend reinvestment plan: No
Distributions: 5.00% (30 June 2024)
Distribution Frequency: Quarterly
Investment Term: 7 years. This trust is due to rollover in the December quarter 2026.
Liquidity: Withdrawals will not be available during the term of the Trust.
WALE: 5.2 years (30 June 2024)
Gearing: 44% (30 June 2024)
Tax Deferral: 85.88% (30 June 2024)
APIR Code: MFM7550U
*Forecasts are estimates only and are not guaranteed to occur. Please refer to the Information Memorandum for details relating to forecasts.