Midland Megaplex

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.

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.