Equity Investment Opportunity
Pialba Place Shopping Centre
Hervey Bay QLD
Equity Investment Opportunity
Hervey Bay QLD
This investment provides a highly defensive and stable income base, affording quarterly income distributions to investors (which are predominantly tax deferred), together with the potential for strong reversionary rental upside and the physical and financial optionality for strategic income and value enhancement initiatives.
The Property is being acquired at a highly compelling acquisition price reflecting $2,552/sqm of GLA, representing more than a 50% discount to its estimated replacement cost.
MPP Hervey Bay Trust ( the Trust) is jointly acquiring the Property with a capital partner Burtonwood Investment Partners and follows the successful acquisition of Chisholm Village in the ACT in late 2025. The Directors of MPP will be co-investing in a material way in the property Trust, demonstrating a high level of financial alignment and conviction in the asset and business plan. MPP will also provide fully integrated asset management, property management and leasing services for the Property, and holds its own AFSL, Real-estate and Builders Licenses.
The Trust is seeking to raise $9.5 million in equity capital to acquire its interest in the Property. The Trust is projected to deliver
investors a c.14% Internal Rate of Return, equating to a c.1.70x equity multiple over the initial
five-year investment term. Income
distributions will commence immediately, and
the total average distributable cash return (including a forecast mid-term return of capital) is expected to be approximately 11% per annum.
The Directors of the Manning Property Partners Group are co-investing in a material way.
Of the $9,500,000 being raised for the Hervey Bay Unit Trust, the Directors of MPP via their personal investment entities are investing at least 15%.
Interested investors are invited to register their interest via the link below or by contacting Richard Manning (0418 247 247), Don Sharp (0419 632 315).
A detailed Information Memorandum will be released to registered investors in late June 2026, whereby investors can confirm their investment by completing an Application to Invest.