The MPG Essential Services Property Trust provides an opportunity to invest in a diversified portfolio of quality essential service properties predominantly leased to secure government tenants.
Year started: 2018
Total Assets: $193.98 million
Assets: 21 properties, predominantly leased to government tenants
Core Property Rating: Recommended
Features & Benefits
- Diversified portfolio predominantly leased to government tenants
- Attractive regular tax-advantaged returns*
- Potential for capital growth
- Moderate gearing
- Defined exit strategy at 7 years
- Experienced manager with a proven track record
- Reduced capital volatility
- Minimum investment only $10,800
The risks are typical of those that would apply to investments in real property and in units in property trusts which are detailed in the PDS.
Investors seeking regular income with taxation benefits and the potential for capital growth such as self-managed super funds, private investors and retirees.
Government Vs Non-Government Tenants
- Non profit
Geographical Diversification by State
Unit Application Price: $1.08 (1 July 2022)
Minimum investment: $10,800
Forecast Yield: 7.05%pa*
Distribution Frequency: Quarterly
Investment Term: 7 years, with 2 years remaining (June 2023). Rollover date: June 2025.
NTA: $1.05 (30 September 2023)
WALE: 3.4 years (30 September 2023)
Target Gearing: 45% (30 September 2023)
Tax Deferral: Depreciation and building allowances allow a high proportion of this income to be tax-deferred
Independent Property Valuation Summaries
*Forecasts are estimates only and are not guaranteed to occur. Please refer to the Product Disclosure Statement (PDS) dated 22 August 2022 for details relating to forecasts.
An investment in the MPG Essential Services Property Trust (the Trust) may only proceed on an application form attached to the Product Disclosure Statement (PDS) dated 22 August 2022 issued by MPG Funds Management (MPG) AFSL No 227 114. This brochure is general product advice only and has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. In deciding whether to invest in the Trust you should consider and read carefully the PDS and consider seeking the advice of a licensed financial adviser before making an investment decision. Your investment may be subject to investment risk. Neither MPG nor any member of the MPG Group guarantees the return on your investment, or the gain or repayment of capital. Your investment does not represent deposits or other liabilities of the MPG Group.
Core Property rating: Recommended
The Core Property rating (assigned in August 2021) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. To access the full report, please visit www.coreprop.com.au. The rating is subject to change without notice and Core Property assumes no obligation to update the report.