The property – located at 7 Clayton Road, Bellevue WA.

Investment Highlights

• Newly developed large format retail centre;
• 12 tenants, 93.4% occupied;
• 7.9 years average lease term (WALE);
• 2 year rent guarantee from vendor on proposed pharmacy tenancy
• 1 year rent guarantee from vendor on all other vacancies;
• 8.2% average annual cash return;
• 8 year investment term;
• A new Bunnings Warehouse is currently being developed across the road;
• Non-recourse debt, up to 55% of the Property’s initial valuation;
• Lester Group will invest at least $1 million.