MPF Retail Fund

Second asset – Now open for investment!

7.5%

p.a. distributions paid quarterly*

IGA, ALDI, BWS, McDonalds,

and strong tenancy mix in assets

5.8yrs WALE

with excellent growth potential

Established in late 2016, the Fund currently owns the Castle Hill Village Shopping Centre in Murrumba Downs, Queensland and is continuing to invest directly into retail shopping centres and large format retail properties in expanding demographic regions within key Australian cities.

Following the success of the Fund’s first asset, the fund’s strategy has identified a prime opportunity in  the recently constructed Wattle Grove Shopping Centre in Perth, WA.  Anchored by WA’s first ALDI store, the new asset will provide investors with an increased level of income diversity, with both assets expected to achieve ongoing rental and capital growth. This second asset also provides the trust with diversification of location to allow the fund to take advantage of different growth opportunities from their local markets.

The fund continues to meet the initial projections of 7.5% p.a. to investors and it is expected that the second asset will add even greater confidence to distribution expectations for investors.

Since establishing the Fund, the managers have strategically secured new highly established tenants to the first asset to improve the leasing mix and strengthen the alignment to local demand dynamics. The continuing growth of each asset’s local market also present good opportunity to further increase their performance moving forward.

*projected distributions based on current distributions

Request synopsis & register interest

    A completed EOI form is neither binding on you to subscribe for units, nor does it guarantee a full allocation of units pursuant to the issue of the PDS. An allocation of units is subject to completion and receipt of an Application Form as contained in the PDS with units principally allocated in the order that each Application is received. The Issuer will allot the units subject to availability following closure of the Offer and subsequent scaling (if any).

First Asset – Murrumba Downs, QLD

Dohles Rd

A large neighbourhood retail centre comprising three separate buildings, including a freestanding McDonald’s Restaurant, a main Centre incorporating IGA, BWS, a medical practice and other specialties and a smaller building with several restaurant offerings. The premises are all on a single title including 115 parking spaces.

Key features
Address  264 Dohles Rocks Road, Murrumba Downs, QLD
Land Area  9,733 sqm
Building Area  2,773 sqm
Key Tenants  IGA, McDonalds, Medical and others

Open for Investment

Second Asset – Wattle Grove, WA

Wattle Grove Shopping Centre is located 13km from Perth CBD, in close proximity to Perth Airport. The centre is a newly constructed shopping centre anchored by the first ALDI built in WA. The bustling centre benefits from a growing local area, with approximately 17,500 vehicles passing by the site per day. Existing tenants have cited strong trade and there is strong potential to enhance this further through small adjustments to the tenancy mix over time.

Further benefits are the absence of an internal mall (limiting outgoing costs for tenants/landlord), and the property’s design, which allows for convenient access to specialties direct from the car park as well as the benefit of an undercover canopy and surrounding reserve.

Key features
Address  338 Hale Road, Wattle Grove, WA
Land Area  6,950 sqm
Building Area  3,103 sqm
Tenant  ALDI plus 13 other tenants

Request synopsis & register interest

    A completed EOI form is neither binding on you to subscribe for units, nor does it guarantee a full allocation of units pursuant to the issue of the PDS. An allocation of units is subject to completion and receipt of an Application Form as contained in the PDS with units principally allocated in the order that each Application is received. The Issuer will allot the units subject to availability following closure of the Offer and subsequent scaling (if any).