Built form development funds
- Typically apartments or townhouses
- 24 - 30 months
- Target Returns 20-25% p.a.
Office Building Asset with Strong Fundamentals and Secure Tenants
M/Group is seeking to raise $5.8million to purchase the property and provide investors with target return of 8.5% per annum paid monthly and estimated LVR of 55%.
130 Royal Street in East Perth is a modern CBD fringe office asset with strong investment fundamentals. This property provides for long term investment security being 100% occupied by long standing tenants from a diverse range of industries and built-in cash flow growth annually for all tenants, plus a high-profile location, a diverse income stream, excellent WALE and fixed cash flow growth.
The asset was completed in 2001 and is a modern, well maintained building and continues to attract high calibre tenants from a broad range of industries. The property is well located with excellent exposure featuring functional, good quality accommodation, well catered for multi-tenant occupancy with 27 secure basement car parking bays. Recent and future developments in the East Perth precinct and linkages to the Burswood Peninsular underpin 130 Royal Street as an outstanding investment opportunity.
Important information: This offer is for Wholesale Investors only as defined by Sections 761G and 761GA of the Corporations Act 2001. Applications will only be accepted from investors who have registered and received a copy of the Information Memorandum.