AT A GLANCE
Investment type
Single asset, closed-end unlisted wholesale property fund
Investors
Wholesale and sophisticated investors only
Property
Large format retail centre located at
198 Princes Hwy, South Nowra, NSW
Site area of 28,000 sqm
Gross Lettable Area (GLA) of 13,032 sqm
Major tenant
Home Consortium Group with the rental income guaranteed by Woolworths Limited (ASX:WOW)
Weighted average lease expiry
12.61 years by income as at 31 December 2018
Investment term
5 years
Distributions
7.80% pa initial forecast yield*
Tax deferral
Distributions will include a tax deferred income component of approximately 90%
Distribution frequency
Monthly
Gearing
43.5%
Net Asset Value
$1.05    History...
Liquidity
Withdrawals will not be available during the term of the Fund