The property – located in Rockingham, Western Australia

Investment Highlights

• Newly constructed large format retail centre;
• 10 tenants, 2.99% vacancy
• 8 years average lease term (WALE);
• 12 months Vendor’s rental guarantee on vacant tenancies;
• 7.3% average annual cash return;
• 7 year investment term;
• Non-recourse debt, up to 55% of the Property’s initial valuation;
• Lester Group will invest a minimum of $1 million;