Natgen Self Storage Development Trust ML23

CLOSED – SITE SETTLED

Self Storage Development Trust

37.1%*

Gold Coast QLD
Targeted Equity Growth
8.46% p.a.* Targeted distribution upon completion & let-up (paid monthly)

*Subject to confirmation in the Information Memorandum

CLOSED – SITE SETTLED

Self Storage Development Trust

37.1%*

Gold Coast QLD
Targeted Equity Growth
8.46% p.a.* Targeted distribution upon completion & let-up (paid monthly)

*Subject to confirmation in the Information Memorandum

Demand Drivers

Residential Population Growth

Consumers in dense urban areas with reduced storage space are more likely to use self-storage services.

Business Population Growth

Small to medium businesses (SMEs) are a source of demand for self-storage space. Growth these arrears including e-commerce and trade related businesses often encourages business owners to increase their demand for self-storage space.

Household Turnover

A rising number of housing transfers tends to increase consumer demand for short-term self-storage to keep items before transporting them to their new location

Increased Small Business Space Requirements

With the advent of small-scale internet based B to C distribution businesses, self storage is ideal for their mini warehousing needs

Increased Affluence – Toys and Possessions

Increased general affluence means households have more physical possessions but less storage areas within the modern home. Self storage can fill this void.

Visibility and Proximity of Supply

Self storage is a demand driven industry. The visibility of a facility on a busy road is an important factor for occupancy rates.

Development Phase*

37.1%

Targeted Equity Growth

The Targeted total pre-tax gain in Unit value, net all Trust fees and expenses. This is a target and not a forecast.

Operational Phase* (upon completion & let-up)

Targeted Distribution p.a. (Paid Monthly)	Year 1 8.46%	Year 2 8.62%
Tax Advantaged Component	100%	100%
Property Location	2 Industrial Ave, Molendinar. In the solidly expanding central Gold Coast area, with visibility to Southport-Nerang Road.
Land Purchase Price	$4.52 million
Total Development Costs	$11.9 million (pre-contingency)
Peak Debt LVR	55%
Investor Capital	$8 million
Minimum Investment	$250,000
Investment Vehicle	Managed Investment Scheme (for wholesale investors) regulated by ASIC. The Trust holds AFSL 522 835.

* Information in this snapshot is subject to confirmation in the Information Memorandum for the offer

Natgen Development Trust ML23

The Natgen leaders have executed a broad range of investment and development projects across a number of sectors. Each project has added to the knowledge base which is captured within the organisation, for the benefit of our clients.Natgen exists to provide our clients with well-considered,risk-managed investment opportunities and quality strategic advice.

We base our decision-making, advice and investment offers on careful measurement and analysis, and combine this with our management experience to arrive at quality solutions.

LOCATION
2 Industrial Avenue, Molendinar QLD

INVESTMENT STATUS
Closed – Site Settled

TARGETED DEVELOPMENT RETURN
37.1%

COMMENCEMENT DATE
6th February 2023

FUND TERM
7+ Years

LAND PURCHASE PRICE
$4.52M

MINIMUM INVESTMENT
$250,000

Download the Briefing Paper

Snapshot of the ML23 Trust

Natgen Development Trust ML23 Gallery

Investment Details

Development Project

A self-storage facility which will consist of a high-specification state-of-the-art self-storage building and surrounding facilities. The building will house is excess of 5,250m of self-storage units and incorporate an office/retail space, parking, security and appropriate landscaping.

Location

The Site is located centrally within the Gold Coast urban area, addressing a major arterial road joining the localities of Southport and Nerang (approximately equidistant to each).

Development Approval

The site is being acquired with an existing development approval for a 4 storey self-storage building as envisaged for this project. The current development approval encompassed the service station at the front of the site, which has already been constructed and is not part of the project under the offer.

Site Location

Population Growth

Queensland Government population growth forecasts indicate growth from 665,515 persons in 2021 to 961,076 persons in 2041 – 44% increase in 20 years. This represents an average of around 30,000 persons per annum growth to the city population. Further, these 2016 Queensland Government population forecasts are expected to be exceeded due to the ‘littoral drift’ caused by the Covid-19 pandemic and the expected population boost from the Commonwealth Games to be staged in South-East Queensland during 2032.

Suburb	2021
Coomera	19,447
Pimpama	23,586
Upper Coomera	36,510
Hope Island	14,243
	93,787

2016 QLD Treasury population growth forecasts (pre-COVID)

Excellent communication and a great and easy way to diversify your investment portfolio in commercial property. Professional and provides a stable and attractive monthly income.
Jamie Brennan

I have been investing with Natgen since 2020. What I have invested in are Steven and Brett. They are experienced, thoughtful, and always professional. I have not been able to find other fund managers who take on my experience and find investment strategies that suit my needs so well. Steven and Brett are an open book and are always happy to speak on the nut and bolts of a project which is why I am always happy to refer friends and clients to Nagen projects.
William Matthews
I am extremely happy with the quality and transparency of the research into the investment opportunities put forward by the Natgen Group. This has enabled me to invest in commercial sites with peace of mind , and has given me tax effective , regular income at a very acceptable return.
Craig Brennan

Very good communication and happy with the tax effective monthly distrubtions.
Garry & Erris B
I like to know what I am investing in. With all projects there are risks, Natgen always has a detailed plan to address risk in the project and the market. Natgen's projects have the flexability suit my structures and fit in with my tax planning. Most importantly, I appreciate Steven's respect for my capital and the immedate monthly return on my investment.
Lesley woodford-carr

Natgen provides me with a great monthly income stream through its commercial property assets. The team is very professional and they always keep me well informed about the assets I have invested in.
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