299 Bourke Street Mall299 Bourke Street is a landmark property with scope to add value through repositioning the building into refurbished retail and office accomodation, and capitalising on the strong rental upside reversion and capital uplift opportunity. At the expiry of the David Jones occupancy, Newmark proposes to refurbish the lower three levels as retail and upper four levels as office. |
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The Fund
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The Property
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Different investments carry different benefits and risks. While an investment in the Trust may achieve higher yields or growth than other investment classes, it also involves risks of lower than expected distributions and potential for capital losses. Please refer to the Information Memorandum for further details on the features, benefits and risks of investment in the Trust.
This information has been prepared by Newmark Capital Limited ACN 126 529 690 AFSL No. 319372 ("Newmark Capital") as trustee of the Newmark Bourke Street Mall Trust ("Trust") as at the date stated herein, is for information purposes only, is not personal financial product advice and is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein. You should consider your own financial situation, objectives and needs and if necessary obtain professional advice in relation to this update. Past performance is not a reliable indicator of future performance.
No representation or warranty, express or implied, is made as to the accuracy, completeness or correctness of this update or as to the reasonableness of any assumption, contained in this update. This document contains certain forward-looking statements. Due care and attention has been used in the preparation of any forward-looking statements, which involve known and unknown risks, uncertainties and assumptions which are beyond the control of Newmark Capital and its directors, and are not guarantees of future performance. Actual results may differ materially from the anticipated results and neither Newmark Capital nor any other person gives any representation, assurance or guarantee (express or implied) that the occurrence of these results will actually occur.
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The Newmark Hardware Trust is an unlisted, open-ended property trust that has performed consistently since inception in June 2014. The Trust assets have a long WALE and a focus on Bunnings as the major occupier of four Centres in strategic locations in four states. The Trust objective is to deliver consistent income distributions paid quarterly along with tax deferred benefits and long term capital growth. |
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5.4%Current income yieldper annum1 |
Quarterlytax-advantaged income |
Liquiditylimited monthly withdrawal facility2 |
$10,000minimum investment |
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The Fund
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The Properties
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Different investments Different investments carry different benefits and risks. While an investment in the Trust may achieve higher yields or growth than other investment classes, it also involves risks of lower than expected distributions and potential for capital losses. Please refer to the Information Memorandum for further details on the features, benefits and risks of an investment in the Trust. |
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Investor Updates Please go to links below for all updates to the PDS and RG46, or visit the investor portal at www.investorserve.com.au/newmark |
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Disclosure Notice - Asset Valuation Update - 5 June 2020 Disclosure Notice - Asset Valuation Update - 13 March 2020 Disclosure Notice - Appointment of Auditor - 5 March 2020 Product Disclosure Statement Update - 29 May 2019 Product Disclosure Statement Update - 18 July 2019 Disclosure Guide: ASIC Regulatory Guide 46 – 31 December 2019
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Important noticeThis information has been prepared by Newmark Capital Limited ACN 126 529 690 AFSL No. 319372 ("Newmark Capital") as responsible entity of the Newmark Hardware Trust ARSN 161 274 111 ("Trust") as at the date stated herein, is for information purposes only, is not personal financial product advice and is not an offer to sell or a solicitation or an offer to subscribe or purchase or a recommendation of any securities referred to herein. Newmark Capital has not considered the investment objectives, financial circumstances or particular needs of any particular recipient. You should consider your own financial situation, objectives and needs and if necessary obtain professional advice in relation to this update. Past performance is not a reliable indicator of future performance. You should read the Product Disclosure Statement dated 15 February 2019 (as updated or replaced) before making an investment decision relating to the Trust. No representation or warranty, express or implied, is made as to the accuracy, completeness or correctness of this update or as to the reasonableness of any assumption, contained in this update. This document contains certain forward-looking statements. Due care and attention has been used in the preparation of any forward-looking statements, which involve known and unknown risks, uncertainties and assumptions which are beyond the control of Newmark Capital and its directors, and are not guarantees of future performance. Actual results may differ materially from the anticipated results and neither Newmark Capital nor any other person gives any representation, assurance or guarantee (express or implied) that the occurrence of these results will actually occur. |
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Tooronga Village Shopping CentreA high quality Melbourne property, anchored by one of Coles supermarkets best performing stores. Tooronga Village shopping centre enjoys a prominent main road location in an affluent and sizeable catchment. Coles and national retailers make up 60% of the Trust’s forecast income. Tooronga Village is a proven performer with a focus on non-discretionary retail. Tooronga Village offers strong and stable income underpinned by it's convenience retail and significant market share. |
Brandon Park Shopping CentreBrandon Park Shopping Centre is located on a 'Gateway Site' in a strong and growing demographic, 24km southeast of the Melbourne CBD. Whilst well established and achieving high levels of sales, the Centre has significant scope for improvement and expansion and is well positioned to capitalise on further growth in the surrounding areas. Newmark expects to deliver secure income whilst planning and developments are undertaken to take advantage of possible further expansion and other complimentary uses. |
The Como CentreLocated on the prime South Yarra corner of Toorak Road and Chapel Street the iconic Como Centre is a mixed-use complex of inter-connected office, retail and hotel buildings. Comprising 62% office, 10% hotel, 8% retail, 4% cinema and 16% parking, the Centre is securely leased to leading corporate tenants including Network Ten, Accor Hotels and Omnicon. Newmark expects the property to deliver secure income and long-term capital growth. Newmark intends to undertake various improvement initiatives to add value and develop a plan for future expansion. |
The Jam FactoryProgress on the mixed-use redevelopment of the iconic Jam Factory in South Yarra has reached a major milestone with the issue of a Planning Permit for the development by Stonnington Council in May 2018. Representing one of the most unique commercial repositioning opportunities in Australia the Jam Factory will become a world-class office, entertainment, dining, retail and cultural district setting a new standard in sophisticated mixed-use development. The existing Jam Factory property has four main income-producing components, namely Cinemas, Retail, Office and Carpark. |
Chadstone Homeplus+ Homemaker CentreThe property offers the unique combination of being Melbourne’s only HomePlus Homemaker Centre with an anchor Bunnings tenant. The strong performing Warrigal Road property is fully leased with significant internal and external upgrades substantially increasing patronage. Located in the center of metropolitan Melbourne, the property is 1.4 km to Australia’s biggest shopping centre, Chadstone, and is close to Holmesglen Tafe and Holmesglen Station. The Manager believes the Centre offers sound and risk-averse investment features. |
417 St Kilda Road, Melbourne417 St Kilda Road is a nine level tower with a diversified tenant profile and home to international and national technology companies. As one of only five A-grade office buildings on the premier city fringe boulevard, the property was identified by Newmark in 2012 as ideally positioned to take advantage of important growth opportunities within the St Kilda Road office precinct including:
Newmark further enhanced the asset and added value through:
The property was sold delivering strong income and capital returns to investors prior to the conclusion of the Trust term. |
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