Butler LFR

The property – located in Butler, Western Australia.

Investment Highlights
Large format retail (LFR) centre currently under construction, completion mid 2022;
Well located in Perth’s northern urban growth corridor;
Two year rental guarantee commencing once construction complete;
9 tenants secured, additional in negotiations;
5 years average lease term;
~3.0% first year cash return;
7.25% plus average cash return for years 2-8;
8 year investment term;
Non-recourse debt, up to 60% of the Property’s initial ‘on completion’ valuation;
Lester Group will invest a minimum of $1 million.


Invest with Us

A passion for excellence, performance focused and a commitment to deliver.

The Lester Group has been sustainably growing the wealth of its investors since 1995. They are known for being diligent, disciplined and responsible for the consistent delivery of value with an objective of maximising returns for investors.