Quadrant Investments Large Format Retail Trust No. 1
Address
637-655, 673 & 688 Marshall Road & 1968 Beach Road Malaga
Net Lettable Area
18,924sqm
Role
Asset & Trustee Manager
Description
- Portfolio of large format retail properties
- Eight buildings over four individual titles
- Year 1 forecast income distribution of 9.75% (estimated)
- Target investor IRR of 11%+
- Five year initial Trust Term
- Diversified income stream from 20 tenants
- WALE of 5 years
- Huge 48,000sqm aggregated highway land holding
- NLA of 18,924sqm
Transaction Date
March 2018
Purchase Price
$39,998,000
Year of Purchase
Purchase Price
2018
$39,998,000
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