Address: 1 Spring Street & 5 Iolanthe Street, South Grafton NSW

The SG Property Trust acquired the recently completed BP travel centre and bulky goods complex, located on a high profile corner in South Grafton, New South Wales in December 2016.

The asset was purchased for approxi...

Address: 1 Spring Street & 5 Iolanthe Street, South Grafton NSW

The SG Property Trust acquired the recently completed BP travel centre and bulky goods complex, located on a high profile corner in South Grafton, New South Wales in December 2016.

The asset was purchased for approximately $11,000,000, representing a passing yield (capitalisation rate) of 7.3% and is fully leased with various A-grade and national tenants including BP on an initial 15 year lease plus options, Red Rooster, BCF, Bridgestone and Any Time Fitness. The WALE of the asset is 8.2 years by income and NLA.

The Trust will target a cash return of 8.0% p.a. (average) over the 7 year investment term, and is already ahead of targets for year 1. Furthermore, Exceed Capital has engaged a proactive property management strategy to further enhance the income from the asset and provide investors with increased returns.

The CB Property Trust is seeking to acquire a large retail format complex located in a dominant position on George Street in Central Beenleigh, South East Queensland.

The asset will be purchased for $11,700,000 and is fully leased with various A-grade and national tenants.

The Tru...

The CB Property Trust is seeking to acquire a large retail format complex located in a dominant position on George Street in Central Beenleigh, South East Queensland.

The asset will be purchased for $11,700,000 and is fully leased with various A-grade and national tenants.

The Trust will target a cash return of 9.0% p.a over the 5 year investment term. During ownership of the asset, the Manager will look to further improve the asset through increasing the income generated from the asset and implementing new longer term leases.

Highlights of the Investment Opportunity include:

• Targeted 9% p.a cash return over 5 years
• High profile, A-grade and national tenants including Supercheap Auto, Petbarn, RT Edwards and The Endeavour Foundation
• Favourable demographics and growth corridor
• South-East Queensland asset
• In the heart of Beenleigh's established retail and commercial hub
• Easily accessible to and from the M1 Pacific Highway, walking proximity to Rail and Transport interchange and state high school
• Master Plan to transform the town centre and allow for future growth
• Development Upside - potential for apartments up to 30 levels under the Logan Master Plan
• Forecast increased population growth of 32% to 2026 with average of 2.4% p.a

Further details of this opportunity are outlined below and are contained in the attached Information Memorandum.

The bulky goods centre in Central Beenleigh, Queensland is being acquired at a purchase price of $11,700,000. The purchase price is supported by an independent valuation completed by LandMark White (Brisbane) Pty Ltd.

The Property is conveniently positioned on a main road in an established retail, commercial, services and transport hub with easy access running adjacent to the M1 Pacific Highway linking Brisbane and the Gold Coast. The Property is fully leased by tenants including including Supercheap Auto, PetBarn, RT Edwards and the Endeavour Foundation, and provide 91% of the gross fully leased income. This provides the Trust with a stable income stream and reduced risk of vacancy.

The suburb of Beenleigh is located 33km south of the Brisbane CBD and 45km north of the Gold Coast. The property is located on George Street, in the centre of the towns established retail, commercial, services and transport hub. The centre is easily accessible being adjacent to the M1 Pacific Highway linking Brisbane and the Gold Coast. George Street is also one of the main roads in and out of Central Beenleigh.

Close proximity tenants and services in the immediate area include the Beenleigh Marketplace with a Woolworths, Big W and specialties, Beenleigh Mall with a Coles, State High School, Primary School, city centre and rail and transport hub.

A property trust will be created to acquire the Property, with Exceed Capital being the Trustee and Investment Manager of the Trust. McGees Property will be appointed as the Property Manager to manage the day to day operations of the Property.

We are pleased to present the CB Property Trust from CrowdfundUP's newest property partner, Exceed Capital.

The CB Property Trust is seeking to acquire a large retail format complex located in a dominant position on George Street in Central Beenleigh, South East Queensland.

The asset...

We are pleased to present the CB Property Trust from CrowdfundUP's newest property partner, Exceed Capital.

The CB Property Trust is seeking to acquire a large retail format complex located in a dominant position on George Street in Central Beenleigh, South East Queensland.

The asset will be purchased for $11,700,000 and is fully leased with various A-grade and national tenants.

The Trust will target a cash return of 9.0% p.a over the 5 year investment term. During ownership of the asset, the Manager will look to further improve the asset through increasing the income generated from the asset and implementing new longer term leases.

Highlights of the Investment Opportunity include:

• Targeted 9% p.a cash return over 5 years
• High profile, A-grade and national tenants including Supercheap Auto, Petbarn, RT Edwards and The Endeavour Foundation
• Favourable demographics and growth corridor
• South-East Queensland asset
• In the heart of Beenleigh's established retail and commercial hub
• Easily accessible to and from the M1 Pacific Highway, walking proximity to Rail and Transport interchange and state high school
• Master Plan to transform the town centre and allow for future growth
• Development Upside - potential for apartments up to 30 levels under the Logan Master Plan
• Forecast increased population growth of 32% to 2026 with average of 2.4% p.a

Further details of this opportunity are outlined below and are contained in the attached Information Memorandum.

The bulky goods centre in Central Beenleigh, Queensland is being acquired at a purchase price of $11,700,000. The purchase price is supported by an independent valuation completed by LandMark White (Brisbane) Pty Ltd.

The Property is conveniently positioned on a main road in an established retail, commercial, services and transport hub with easy access running adjacent to the M1 Pacific Highway linking Brisbane and the Gold Coast. The Property is fully leased by tenants including including Supercheap Auto, PetBarn, RT Edwards and the Endeavour Foundation, and provide 91% of the gross fully leased income. This provides the Trust with a stable income stream and reduced risk of vacancy.

The suburb of Beenleigh is located 33km south of the Brisbane CBD and 45km north of the Gold Coast. The property is located on George Street, in the centre of the towns established retail, commercial, services and transport hub. The centre is easily accessible being adjacent to the M1 Pacific Highway linking Brisbane and the Gold Coast. George Street is also one of the main roads in and out of Central Beenleigh.

Close proximity tenants and services in the immediate area include the Beenleigh Marketplace with a Woolworths, Big W and specialties, Beenleigh Mall with a Coles, State High School, Primary School, city centre and rail and transport hub.

A property trust will be created to acquire the Property, with Exceed Capital being the Trustee and Investment Manager of the Trust. McGees Property will be appointed as the Property Manager to manage the day to day operations of the Property.