MPF Diversified Fund No.3
7.5% per annum*
6.3 year WALE
LEASE EXPIRY OF 7
$50k min investment
WITH DEPRECIATION &
DISTRIBUTED TO INVESTORS
*Forecast distributions are not promised nor guaranteed and are based upon a number of assumptions. Their achievement is subject to risks. The target return is a target only, not a forecast and it might not be achieved. Please refer to the PDS for more information, noting the section on financial information and risks.
Final raising for Diversified Property Fund No.3
MPF Diversified Fund No.3 is the third edition of MPF’s highly popular Diversified Fund series. These Funds offer investors the opportunity to invest in a portfolio of high-quality commercial properties diversified by state, asset class and number of tenants.
The MPF Diversified No.3 Fund has acquired $52 million of commercial property since inception in September 2020.
Under this final raise the Fund is targeting $75m - $90m of assets, diversification through 3 states, and multiple-use sectors including industrial logistics, retail and medical along with a strong mix of national and international tenants.
The Fund currently holds five assets and intends to purchase the two further assets: Lot 7 Mercantile Drive Park Ridge, QLD and 72 Formation St Wacol QLD, subject to completion of our due diligence. These two high quality assets add significant diversity to the fund and bring opportunities for growth. Following the acquisition of these assets, the Fund will consist of seven assets, spread across three Australian states and have a mix of industrial, logistics, retail and medical. The Manager may seek a further property for purchase by the Fund.Register Future Interest
Features of the Fund
- The Fund holds a diversified portfolio of commercial assets across multiple sectors.
- Targeting $75m - $90m of commercial assets.
- Strong lease covenants, targeting quality national, international, and listed tenants.
- Fund distributions targeted at 7.5% p.a. paid monthly* (capital growth in addition).
- Depreciation benefits and tax advantaged income distributions to investors.
- Professional and experienced managers.
|Expressions of Interests||Now Open|
NEW 7th Asset – Park Ridge, QLD
|Address||Lot 7 Mercantile Drive,
Park Ridge QLD
|Key Tenants||Cleanaway Pty Ltd (subsidiary of Cleanaway Waste Management Limited)|
- Leased to Cleanaway Pty Ltd (subsidiary of Cleanaway Waste Management Limited - listed on the ASX with a market capitalisation of $5.6bn);
- Brand new facility which has just reached practical completion operating as a Cleanaway truck depot;
- Significant 11,570sqm industrial site with a low 8% site coverage and two street frontages;
- Potential for future expansion given low site coverage;
- Long term lease for 8 years with fixed 3% annual reviews;
- Office/workshop facility with extensive hardstand of circa 6,700sqm for truck parking;
- Adjacent to the Crestmead Logistics Park, one of Brisbane’s newest premium logistics estate;
- Net lease with outgoings fully recovered
Lot 7 Mercantile Drive, Park Ridge comprises a brand-new Cleanaway depot utilised for maintenance and storage of their truck fleet along with an administration office. The facility will have a gross lettable area of 775 sqm comprising office/workshop along with extensive hardstand of approximately 6,700sqm.
The property is located within Park Ridge adjacent to the Crestmead Logistics Park, approximately 27 kilometres south of Brisbane’s CBD, and in one of south east Queensland’s most strategically significant industrial regions. The property is ideally positioned 7km south of the Logan and Gateway Motorway Interchange, the main transport corridors servicing south-east Brisbane. These arterial roads provide direct access to all major infrastructure including Brisbane and Ipswich CBD, Brisbane Port, Brisbane Airport, and Pacific Motorway to the Gold Coast.
Tenancy and Leasing Information
Cleanaway Waste Management Limited is Australia’s leading total waste management, industrial and environmental services company. Cleanaway have supported Australian businesses for over 50 years, delivering solutions that offer extraordinary benefits not only for our customers, but also for our communities. Cleanaway have over 6,000 expert staff and a fleet of almost 5,300 specialist vehicles across more than 260 locations around Australia.
They are Australia’s largest waste, recycling, industrial and liquids service provider with a substantial network of state-of-the-art facilities, transfer stations, engineered landfills, liquid treatment plants and refineries.
Cleanaway are a ASX 100 listed company (ASX:CWY) with a market capitalisation of $5.6bn and reported $2.33bn in gross revenue for FY2020.
Cleanaway are focused on a sustainable future treating all waste as a resource and aim to incorporate recovery, recycling and reuse throughout their operations.
Current Assets Portfolio
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Units in this Fund are issued by Mair Property Securities Ltd ACN 091 623 862 AFSL number 238386 (Responsible Entity) as a responsible entity of the MPF Diversified Fund No.3. Mair Property Funds Limited ACN 151 957 676 is the investment manager of the Fund (Manager).
The information provided on this website is general in nature and does not constitute investment advice or personal financial product advice. This information does not take into account your investment objectives, particular needs or financial situation. You should seek independent financial advice.
The content of this page does not constitute an offer or solicitation to subscribe for units in the Fund or an offer to buy or sell any financial product. Accordingly, reliance should not be placed on this document as the basis for making an investment, financial or other decision.
Past performance is not a reliable indicator of future performance. Performance comparisons are provided purely for information purposes only and should not be relied upon. The information included on this page may include information that is predictive in character which may be affected by inaccurate assumptions or by known or unknown risks and uncertainties and may differ materially from results ultimately achieved.
Whilst all care has been taken in preparation of this content, neither the Responsible Entity nor the Manager give any representation or warranty as to the reliability, completeness or accuracy of the information contained in this document. Neither the Responsible Entity nor the Manager accepts liability for any inaccurate, incomplete or omitted information of any kind or any losses caused by using this information.
You should obtain and carefully consider the Product Disclosure Statement (PDS) for the Fund before making any decision about whether to acquire, or continue to hold, an interest in the Fund. Applications for units in the Fund can only be made pursuant to the application form relevant to the Fund. You can obtain a copy of the PDS and application form by calling 08 9321 5566 or emailing email@example.com