EG acquired a 1,464sqm retail property located on a prime corner site adjacent to Bluewater Square Shopping Centre in Redcliffe, Queensland (approximately 35km north of the Brisbane CBD). Two businesses operate on the property, the Redcliffe Tavern (AVC operated) and First Choice Liquor (Coles operated).
EG acquired this fully leased multi-tenanted retail estate in Punchbowl, which is located approximately 19km southwest of Sydney CBD. The property comprises of 6,908sqm of GLA over seven individual tenancies, a 1,947sqm land lease to a petrol station and 2,300sqm of vacant industrial hardstand.
EG has secured a parcel of land located in Bridgewater (Tasmania) for the purposes of developing a distribution centre on behalf of Sigma Healthcare Limited (ASX:SIG).
The Lake Macquarie Property Trust is a multi-tenanted industrial estate in Warners Bay in the Lake Macquarie region of NSW. Located 15km southwest of the Newcastle CBD and 155km north of the Sydney CBD. The property offers 4,315sqm of gross lettable area on a 11,380sqm landholding.
Target IRR 16.5% per annum
The Vineyard property is located approximately 50km north west of the Sydney CBD and sits on a large 47,973 sqm parcel of land.
The EG Long WALE Property Trust No.1 provides wholesale investors the opportunity to grow with a proven high-performer.
SOLD +27% Total Return p.a
The property presents as a modern and multi-let industrial facility located in the tightly held and land constrained Northern Beaches industrial market in Sydney. The Trust is being established to provide investors with a stable initial cash distribution of 7.25% p.a. (paid quarterly and post fees) and forecast to grow over the term of the trust with potential for capital growth through multiple exit strategies.