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AGEM PG 52 TRUST

AGEM PG 52 TRUST

An astutely unique, fixed-interest opportunity with short and medium term strengths.

We invite you to consider investing alongside AGEM Directors.

Located in the heart of Craigie, approximately 23kms northwest from Perth CBD, the dual-title site provides a rare 5,324m2 land holding in an established residential catchment.

We believe the combination of a substantive land area, adaptability of existing buildings, and flexible zoning ~2km from the coast, provides a compelling investment opportunity.

7% pa Return

Fixed interest rate return paid quarterly.*
*Phase 1

Under-utilised Opportunity

The opportunity to realise the potential of the site’s strong fundamentals has not been leveraged by previous owners.

Flexibility of Product Options

The flexible zoning and limited supply of nearby commercial land provides significant potential for a range of redevelopment opportunities

Strong Demand

The state wide housing crisis supports a range of residential accommodation options to suit current demands and negotiations with potential corporate tenants and accommodation operators.

Market-led Opportunities

AGEM will use Phase 1 to explore a range of community-driven, market-led opportunities.

Key Location

The property is in close proximity to a host of amenities (less 1km) in one of the fastest growing suburbs in Perth.
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The Site

Craigie is one of the fastest growing suburbs in Perth, enjoying a compound price growth of 3.6% per annum for the past five years.

Prime Location

The property is in close proximity to a host of amenities (less 1km) including The Craigie Tavern, Woolworths, IGA, Craigie Leisure Centre, multiple childcare centres, multiple primary schools and Westfield Whitford City.

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Trust Investment Strategy

 

Short-term strengths
In the immediate term (1 to 3+ years), AGEM intends to leverage the state-wide housing crisis and retain the building for residential accommodation options. Initial discussions have already been held with numerous operators and at the time of writing, high level commercial terms have been discussed with several potential corporate tenants and housing operators on the basis of leasing the entire facility.

Medium-term potential
At the end of the initial term, the flexible zoning and limited supply of nearby commercial land provides significant potential for a range of redevelopment opportunities which will be explored with possible uses as residential sub-division, medium density development, mixed use or a renovation of the current buildings suitable for another tenant.

See images on the right for just a couple of examples of redevelopment opportunities:

  • Mixed-use commercial development (example: Hillary’s Plaza)
  • Residential sub-division

The investment opportunity will therefore consist of two phases:

Phase 1: initial investor capital will be provided as a loan to the Trust and receive a fixed interest return of 7% pa, paid quarterly (estimated at a minimum 3 years).

Phase 2: at completion of Phase 1, investors will have the ability to redeem their initial investment or reinvest into part ownership of the Trust and participate in the potential redevelopment of the site.

Investment Summary

Land Area 5,324 m2
Building Area 1,930 m2
WALE 3 Years (forecast)
Investment Return (Phase 1) 7% per annum Fixed Interest Fund, paid quarterly.
Investment Term (Phase 1)* The minimum initial investment term is 3 years. At this time, investors will be provided an opportunity to exit or reinvest (or earlier in the event of sale).
Minimum Investment $250,000 (open to Wholesale Investors only)

Unit 1, 10 Geddes Street
Balcatta Western Australia 6021
P: +61 08 9240 8632
E: info@agem.com.au

Copyright 2022 AGEM Property Group.