Property & Infrastructure Funds Residential Property Investment Opportunity 9 % forecast distribution

Discussion in 'Shares & Funds' started by Value investor, 18th Dec, 2017.

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  1. Value investor

    Value investor New Member

    Joined:
    1st Jul, 2015
    Posts:
    2
    Location:
    Newcastle, NSW
    Key points of the opportunity are as follows

    • 124 one bedroom residential units
    • 1 two bedroom unit – currently used as a guest unit
    • Approximately 19,750 square metres site area
    • Located in Bundaberg
    • Currently operating as a retirement village with a current occupancy rate of 100%
    • Simple rental retirement model of accommodation only, no health care or meals supplied
    • Well positioned close to two of the major hospitals in Bundaberg
    • Purchase price equivalent to $103,600 per unit
    • Conservative debt financing of 42% gross, 38% net
    • Year 1 forecast distribution 9 %; average forecast (5 years) 9.67% pa; after fees
    • Targeted IRR 12.45%; after fees
     
    Last edited by a moderator: 18th Dec, 2017