www.properesandpathways.com.au Information Memorandum Properties & Pathways Pty Ltd invites you to invest in: 1 EDEN STREET, MINYAMA, QUEENSLAND Well established, high performing retail centre on great lease covenants Estimated 9.0% net return to investors in the first year Fantastic tenancy mix, including 4 national retailers: Snooze, Whitworths, Carpet Call & Mr Toys Toyworld Weighted Average Lease Expiry (WALE) of 5.2 years 100% occupancy since 1988 (the property hasn’t had a vacancy in 27 years) Dominant corner site with three street frontages Brilliant exposure with 52,000 vehicles passing daily (department of main roads, QLD) Diversification of risk with 5 rental income streams Located in one of the regions strongest retail growth corridors Properes & Pathways Pty Ltd A: 2 Chidley Road, City Beach, WA 6015 T: (08) 9285 0396 F: (08) 9285 0397 E: [email protected]E: [email protected]ABN 18 321 741 809 AFSL 438152 Date of issue: March 2015
The Pathway Four Unit Trust is providing investors with an opportunity to acquire a well located retail/bulky-goods property offering a long term income stream, robust capital growth with secure lease covenants.
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Cash distribu�ons to investors as a percentage return on equity invested (assuming cash investment) is forecast to be:
* As this is a mul� tenanted property it is prudent to allow a vacancy factor in the event of a tenant vaca�ng and a resultant reduc�on in income. We have assumed a vacancy factor for a property of this nature to be approx. 7.0% - 8.0% of the net rent.
Investors will receive income distribu�ons quarterly in arrears. Please note, these figures do not account for the
deprecia�on/amor�za�on of the property and the associated tax benefits of this expense which improves the a�er tax posi�on
of the cash distribu�ons.
PURCHASING ENTITY & APPLICATIONS
The property is purchased by Proper�es & Pathways Pty Ltd as trustee for The Pathway Four Unit Trust. Units in the unit trust
must be purchased by investors who would like to take part in the syndicate. Please refer to the Unit Trust Deed (available
upon request) which outlines more comprehensively the way in which the syndicate operates.
Should you wish to par�cipate in the Pathway Four Syndicate please no�fy us and we will direct you through your applica�on
which will require comple�on of the following documents and disclosures (majority of which are Australian legisla�ve
requirements to protect each investor):
Comple�ng the a�ached ‘Investor Details’ in the name of your inves�ng en�ty and supply full iden�fica�on (Passport
or Australian Driver’s License) of the responsible individual/s for that en�ty;
Signing the ‘Unit Trust Deed’ in the name of your inves�ng en�ty;
Comple�ng and signing the a�ached ‘Applica�on for Units’ in the name of your inves�ng en�ty;
Cer�fying you are a ‘wholesale’ investor by ge�ng your accountant to complete an Accountant’s Cer�ficate in the
a�ached format. (Please disregard if you have already supplied this within the last 2 years for previous syndica�ons);
Please note: If you do not qualify for the ‘wholesale’ criteria as defined in the a�ached, please contact us immediately.
Email and/or mail the abovenamed a�achments to the email address below or mail address on the front cover of this
Informa�on Memorandum.
Applica�on for units will not be accepted un�l funds have been received, either by cheque, or via deposit into the following
A�orney ‘s Trust Account: Account Name: Stephen Josland Barrister & Solicitor - Trust Account Bank: ANZ Bank BSB: 016 460 Account No: 4981 31998 Please note, these funds may only be withdrawn through authority by the transferring a�orney in order to effect se�lement.
If you require assistance in comple�ng any of the required forms or have any queries, please contact either:
Alan Dogge�: mob: 0402 327 776 email: alan@dogge�.net.au
Cal Dogge�: mob: 0439 886 931 email: cal@dogge�.net.au
Hereby apply for ____________________ ordinary class Unit(s) of one dollar each par value in The Pathway Four Unit Trust
(“Trust”) and hereby tender a cheque for $___________________________ being the subscrip�on moneys in rela�on to
such units.
AND I/WE hereby agree and undertake to be bound by the terms of the Trust Deed crea�ng the Trust (“Deed”) as varied or
supplemented from �me to �me and, make the following acknowledgements:
1. Acknowledgment of No Disclosure Provided
The Applicants (or their associated en��es) acknowledge that they are sophis�cated, wholesale investors for the purposes of sec�on 708(8) of the Corpora�ons Act and that notwithstanding sec�on 761G(7) of the Corpora�ons Act, the financial product or financial service provided to the Applicants is not deemed to be provided to the Appli-cants as retail clients, in that they each have:
a. invested in the Trust a minimum amount of $500,000.00; or
b. net assets of at least $2.5 million; or
c. had a gross income for the two years prior to entering into the Deed of at least $250,000.00 for each such financial year; and
d. provided to the Trustee a cer�ficate cer�fying as correct either of the ma�ers referred to in (b) or (c) above, such cer�ficate having been provided by a qualified accountant as defined in the Corpora�ons Act and dated no more than 24 months prior to entering into the Deed.
2. Acknowledgment of Risk
The Applicants acknowledge that:
a. they are aware of the risks of property investment;
b. they have made their own assessment of the Trust’s proposed investment property;
c. they view the Trust as a long term investment;
d. there is only a limited secondary market for the sale of their Units;
e. the purpose of the Informa�on Memorandum, if one has been provided, is to provide details in rela�on to the Trust’s proposed investment property and the Trust and it is not a disclosure document pursuant to the provisions of the Corpora�ons Act;
f. any advice that may have been provided by the Trustees pursuant to the Informa�on Memorandum or otherwise is general financial product advice only in rela�on to the Trust’s proposed investment property;
g. the Trustees have relied on the acknowledgements of the Applicants pursuant to clause 1 above that they are sophis�cated, wholesale investors and that the financial product or financial service is not deemed to be provided to them as retail clients and specifically that the Trustees have not given any personal advice or been provided with or taken into account any Applicants’ objec�ves, financial situa�on or needs; and
h. any representa�on made by the Trustees was made in good faith but they have not relied upon any representa�on as an inducement to acquire their interests in the Trust’s proposed investment property.
3. Acknowledgment of AML / CTF Iden�fica�on Requirements
The Applicants acknowledge and cer�fy that they have provided to the Trustee the proof of iden�fica�on required
by the Trustee and that all documents so provided are true and correct. 4. Acknowledgment of Privacy Policy The Applicants acknowledge that by applying to invest in the Trust they are providing personal informa�on to the
Trustee. The Privacy Act regulates the way in which the Trustee collects, uses, keeps secure and gives people access to their personal informa�on. The Trustee is bound by the Na�onal Privacy Principles and will collect and store personal informa�on from Applicants in a safe and secure manner. Personal informa�on of Applicants will be used to process each applica�on and, if such applica�on is successful, to administer and report on each Applicant’s holding of Units and the progress of the Trust’s ac�vi�es. Personal informa�on of Applicants may also be provided to other persons to enable the Trustee to provide services to the Applicants (for example, service providers, consultants and advisors) or to persons that Applicants authorise to act on their behalves in rela�on to their investment (for example, the financial advisors, accountants or lawyers of Applicants). The Trustees may also disclose personal informa�on of Applicants to others as permi�ed under the law. Applicants personal informa�on will be added to a mailing list of the Trustee and used for future marke�ng of investment opportuni�es promoted by the Trustee
DATED this ______________________ day of _____________________ 20 ___________________ SIGNED by the said Applicant(s) Individual(s) ______________________________________ ______________________________________ Company ______________________________________ Director ______________________________________ Director/Secretary