Lester Group

47-49 STIRLING HWY, NEDLANDS WA 6009

2

investments

10

followers

Company overview

The Lester Group has been strategically and successfully growing the wealth of our investors since 1995. We are known for being fiscally responsible, disciplined and committed to consistently delivering value for our investors. The Lester Group is family owned and run, offering a level of security and comfort that only comes when those in charge have such a vested and personal stake in its success.

The Lester Group is the perfect partner with skill, scale and discipline. We seek to partner with like-minded people, carefully selecting and developing properties to produce solid and sustainable returns.

We take the emotion out of investment. Our approach is built on a proven, methodical and analytical process. We offer carefully selected property investment opportunities that deliver financial security and enviable growth through a diversified property portfolio.

Our investors typically form long-term relationships with us, and that’s why word of mouth is still the most meaningful endorsement of what we deliver, and how we do business.

A passion for excellence, focus on performance and commitment to deliver form the cornerstone of the Lester Group's investment philosophy.

Our reputation has been built on nearly two decades of consistently delivering returns on investments which we undertake on behalf of our group of like-minded investors.

Armed with an intimate knowledge of market conditions, our experienced team identifies and secures attractive investment options for our partners. We then manage and help grow these investments into sustainable, long-term financial assets.

The Lester Group’s investment strategy is simple – selectively acquire prime commercial properties during anti-cyclical periods, ensure an ongoing rental income distribution to investors throughout the life of the investment and a capital gain upon disposal. The Group’s disciplined investment criteria, based upon solid property fundamentals, maintainable financials and a preference for “value add” opportunities, will ensure the strategy provides the most attractive opportunities to investors.

Our investment philosophy is centered around medium to long term asset retention. Each property will have a unique value add opportunity, and may perhaps involve improving the tenancy schedule and lease covenants, or some development or refurbishment. The nature of property investment ensures that each opportunity will be unique, enabling investors to diversify their investment risks and increase the reliability of returns.

Lester groups development and acquisition experience extends across numerous property categories and includes industrial, residential, land subdivisions, office, retail, commercial and combinations of each.

By partnering with the Lester Group, you will access their property experience and the opportunity to invest with them. The Lester Group intends to invest in every property offered to investors and manage all aspect of the property and investment.

Projects

2015 Property Trust

2015 DIVERSIFIED PROPERTY TRUSTThis is an Invitation to apply for Units in the 2015 Diversified Property Trust (Trust), whose primary purpose is to purchase and hold the Property for the purpose of ...

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Featured Projects

181 Great Eastern Hwy, Belmont

181 GREAT EASTERN HWY, BELMONT WA 6104

The Property consists of two titles; 181 Great Eastern Highway and 67 Cleaver Terrace separated by a public reserve containing a narrow waterway and pedestrian footpaths. Located approximately 5 kilometres from the Perth Central Business District and equal distance to the airport this area is underg...
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45 Richardson Street, West Perth

45 RICHARDSON ST, WEST PERTH WA 6005

Purchased in 2007, 45 Richardson Street comprises 1,088 sqm office building and 21 undercover secure carbays. Well located in the West Perth office precinct, the property is fully let and ultimately comprises a “value-add” refurbishment opportunity.
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2 Bagot Road, Subiaco

2 BAGOT RD, SUBIACO WA 6008

This office building on Bagot Road, Subiaco is well located near the prominent corner of Kings Park Road and Thomas Street, adjacent to West Perth. It comprises more than 2,200 sqm of office space and has a very high car park to office ratio with 57 car bays. The property has undergone a major refur...
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Team

Richard Lester

Dick has fifty years experience in the property and investment industries in Australia and founded the Lester Group in 1995. He was formerly the Managing Director and principal shareholder of Growth Equities Mutual Limited, a property trust fund manager in Australia with over $1.6 billion under management for 110,000 investors. This Company was sold to the Lend Lease Group in 1994. He was an inaugural member of the Companies and Securities Advisory Committee established by the Federal Attorney General to advise the Australian Government on securities industries laws. This advice lead directly to the establishment by the Government of the Australian Securities Commission, now the Australian Securities and Investments Commission (ASIC). He was Chairman of the Western Australian Institute for Medical Research until May 2009, a member of Murdoch University Senate for 6 years and a Non-Executive Director of Wesfarmers Limited, a position he held for 13 years until 30 June 2008.

Dan Donovan

Dan has over 38 years experience in Corporate and Commercial Banking in Australia and overseas with a specific focus on property development and investment, oil and gas services, mining services, import and export finance and wholesale industries. Previous full time roles included Head of Property at National Australia Bank in WA and Regional Executive for WA at Bank of New Zealand Australia. Dan was previously a Non –Executive Director and Chairperson of the Audit & Risk Committee of LandCorp. Currently he is also a Non-Executive Director of Wescorp Holdings Pty Ltd. Wescorp is the largest processor of sandalwood worldwide.

Andrew Hull

Andrew has over 25 years experience in financial management including being a CEO, CFO and a director of a number of companies. Andrew has worked in various industries including the mining sector, timber industry and property. Andrew also has extensive experience in the financial services industry as an AFSL responsible manager. Andrew is currently the CFO for the Lester Group and a responsible manager for Hull Trading Pty Ltd and Growth Equities Pty Ltd. Andrew holds a Bachelor of Business Degree from Curtin University of Technology, Western Australia.

Adrian Lester

Adrian has over 20 years direct property experience with a background of commercial and industrial property investment and development, as well as sales and leasing in Perth. Adrian has project managed residential subdivisions and built form apartments for the group and it’s joint venture partners. He is a qualified valuer and licensed real estate agent and holds a Bachelor of Business Valuation and Land Administration and is a Member of the Real Estate Institute of WA.

Stuart Lester

Stuart has over 20 years direct property experience with a background of residential real estate development, property sales and commercial leasing in Perth and regional areas. He is a qualified valuer and licensed real estate agent and holds a Bachelor of Business Valuation and Land Administration. and is a Member of the Real Estate Institute of WA.

Russell Lester

Russell has more than 15 years experience in the Australian equity market and investment industry and has built a broad range of investment management skills. He holds a Bachelor of Economics from UWA; a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia; is a graduate member of the Australian Institute of Company Directors; a Fellow of the Financial Services Institute of Australasia and a Member of REIWA. He is the President of the Guildford Grammar School Foundation Inc.

Brad Spargo

Brad has over 16 years direct property experience with extensive Australia wide background in commercial, residential and industrial investment and development. Brad’s previous position was with the private Cape Bouvard Investments where he was responsible for all the groups acquisitions and divestments. He is a licensed valuer and real estate agent, an associate of the Australian Property Institute and holds a Bachelor of Commerce (Property) from Curtin University of Technology, Western Australia.

10 followers