Each of our investments will exhibit the following key characteristics:
- Premium location;
- Acquisition value, typically between $15 to $50 million AUD;
- Quality tenancies with good WALE;
- Demonstrable capital growth potential;
- Gearing between 50% and 65% of acquisition value;
- Secure income stream paid monthly – target >8.5% p.a.; and
- Target IRR – 12%+
In pursuit of the above, our attention is directed to Australian capital cities and significant regional centres with strong demographic and diverse economic drivers, with a particular focus on population growth areas including the north-south growth corridor between Coolangatta and the Sunshine Coast, as well as significant regional centres such as Bendigo, Ballarat, Geelong, Wollongong, Newcastle and Townsville.
Our decision-making is strongly influenced by an intimate understand of sitting tenants and as well as detailed demographic and historical information, validated by a thorough due diligence investigation before we commit to any purchase.
Wherever possible we look at acquiring assets off-market, as competition for publicly offered properties is intense. We will also explore property development opportunities where we consider they can be de-risked to a level that meets the expectations of investors.
Individual investment amounts between AUD $200,000 to $1,000,000. Each Fund is intended to have a 5 to 7 year expected life with guaranteed liquidity after 5 years.