The XCap LFR Heatherbrae Fund will give investors the opportunity to hold an interest in the Heatherbrae Supa Centre, a brand new bulky goods retail, fast food and service station strategically located on the Pacific Highway in Heatherbrae, NSW. This premium high visibility location is on the way to NSW’s most popular tourist destinations such as Port Macquarie, Byron Bay and the Northern NSW Coast.
The Trust is targeting a forecast average cash distribution of 6.5% to 7.0% per annum and an IRR of 10.5% to 11.0% (both net of fees and expenses).
The Centre is 96.0% occupied with a WALE of 11 years, NLA of 7,808sqm and tenanted by well-known retailers Anaconda, Petbarn, RSEA, Oporto, Red Rooster, Subway, Zaraffas and Metro Petroleum.
Apply Now
96% Occupancy
Tenanted by Anaconda, Petbarn, RSEA, Oporto, Red Rooster, Subway, Zaraffas and Metro Petroleum.
Target IRR
The Trust is targeting an average IRR of between 10.5%-11.0% over an assumed investment period of seven years.
Cash Distribution
The Trustee has forecast the distribution rate to Investors to be between 6.5%-7.0% p.a. averaged over the Trust Term, paid quarterly.
