We are often asked by new investors what projects has Natgen completed and what was the return delivered to investors. This newsletter goes through the journey for unitholders in Natgen Development Trust UC19 in Upper Coomera, on the northern end of the Gold Coast.
Natgen Development Trust UC19
Location: 18 Northward Street, Upper Coomera QLD
Investment Status: COMPLETED
Purchase Date: April 2019
Completed Value: $5.25M
Return: 13.1% Investment Return
Fund Term: 1 Year
Tenants: Industrial warehouse facility
2019 – Natgen Investment Trust UC19 opened for Investment
Over the past 20 years the Natgen team have developed numerous projects including shopping centres, industrial complexes, and residential apartment buildings.
We applied our years of experience to take advantage of the substantial population growth in South East Queensland and the market dynamics which this presents.
This Trust allowed investors to participate in the potentially higher returns that can be derived from Australian development investments.
Minimum subscription for this trust was $100,000. The trust acquired a development site to build 10 premium light industry concrete panel warehouses.
Development site before completion in 2019
The design included following features:
- Fully enclosed mezzanines with suspended ceilings;
- Ample lighting to all areas;
- Carpeting and air-conditioning;
- 4.8m high roller doors with electric opening;
- Wiring for 3 phase power throughout; and
- Individual bathrooms and kitchenettes to all units.
Development site before completion in 2020
Design considerations included:
- Enhanced vehicular access due to 2 street frontage;
- Disabled access and amenities;
- Elevated aspect and prevailing breezes;
- Contemporary design aesthetics;
- Future communications infrastructure requirements;
- Interaction with future stages of the development; and
- High visual appeal for customers of the facility.
Construction phase
An important aspect of any development project is the selection of the project design and implementation team. Of course, the builder is central to the delivery of the project and thus we do substantial due diligence before appointing the builder for any project.
The project was completed on time and on budget even though it was delivered during the Covid lockdowns.
Marketing and Sales Campaign
During the construction phase a local agent was appointed to commence the marketing campaign to sell the individual warehouses to the market.
Open and regular communication and co-operation with the agent is vital in achieving the required sales outcomes.
We take great care in selecting and managing the real estate agent relationship for all projects.
Wind up of Trust and return of capital
Once the sale process was completed the initial capital invested together with the development profits were returned to investors in the Trust.
Audited financial reporting was also circulated for taxation purposes at the end of the financial year.
Natgen provides clients with well-considered, carefully measured commercial investment opportunities, accompanied by professional advice from our experienced leaders.
If you’d like to be notified of future investment opportunities, request an Investor Information Pack or contact us directly at invest@natgen.com.au
