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Leased Hospitality Property Under $5,500,000

For those interested in being a founding member of a Commercial Property unit trust designed to hold a single Commercial Property (Likely Retail Shop) in Queensland's South East between Noosa and Tweed Heads (no further than 10mins west from any beachside location suburb). Primary goal to take advantage of capital growth through contracted rental increases as per the lease. Target property will have a minimum 10 year net lease with minimum 3% rental increases and ideally with at least one option. Target Loan to value ratio (LVR) will be such that the property income will be sufficient to service the mortgage and likely expenses as well as provide limited recourse to unit holders limiting the banks security to the property itself (No Personal Guarantees). This unit trust will be established with the view to sell the asset within 5 years so that unit holders may realise any capital growth. Holding term may be extended with unanimous decision of the unit holders.

  • Maximum $6m Purchase Price (Inc Costs)

  • Maximum 20 Unit Holders

  • Minimum 150,000 Per Unit Holder

  • Total Capital Required $3,000,000

  • Loan: 50% LVR Non-Recourse

  • Target Minimum Yield: 6.5%

  • Trust Investment Term: 5 Years

  • Existing Lease: Min 10 Years

  • Excess Cash at Bank: Distributed Bi-Annually

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