- December 2021
- $23.33 million
- 8.5% p.a.
The EG Anglers Tavern Property Trust provides wholesale investors the opportunity to acquire a one of a kind asset situated on the banks of the Maribyrnong River in Melbourne. This large, high quality and recently renovated beverage-led venue caters to a wide variety of customers and is a top performing Victorian venue.
The Morningside property is fully leased for 15 years to Servco Australia, the largest Toyota dealership network in Australia, providing a strong tenant covenant. Over the 7-year term of the Trust, EG will also employ numerous value add strategies that will achieve capital growth for investors.
The Trust will provide investors with an average cash distribution of 8.5% p.a. with an equity forecast of 11.5% over seven years.
"Anglers Tavern Property Trust is EG's latest offering to our community of private wealth clients who benefit from access to exclusive deal flow and bespoke investment opportunities."