M/Group Investments

The Pialba Place Trust, intends to acquire The Pialba Place Shopping Centre located in Hervey Bay, Queensland.

The shopping centre is located in a prime regional location with a population of 65,000 which is projected to continue to grow to over 76,000 by the year 2031.  Hervey Bay is situated approximately 3.5 hours north of Brisbane with the shopping centre site itself being 4.38 hectares with a Gross Lettable Area of 15,647m².

Some of the major leases held are Coles, Big W, Wizard Pharmacy, OPSM and many other specialty stores with a Weighted Average Lease Expiry (WALE) of 7 years (by area).

M/Group is raising $22 million to purchase the Pialba Place Shopping Centre and provide investors with a forecast distribution of 8% per annum from settlement, paid monthly. The fund term is estimated to be 7 years and has potential for capital growth. Minimum investments start at $50,000 with $20,000 increments thereafter.

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.

Proposed new apartment hotel development with secure 15 year lease to national operator, Quest. Quest operates approximately one quarter of all Australian apartment hotels.

The site is situated on Great Eastern Highway, Ascot, which is the principal through-road between Perth CBD and Perth Airport. It is close to Ascot racecourse, Optus Stadium and Crown Casino.

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.