Charlestown, New South Wales

Charlestown, New South Wales

Description:
Four level office and retail building opposite Charlestown Square Shopping Centre in the heart of the Newcastle medical precinct. Constructed in 2009 it has 1 lift, 62 secure parking bays and a high energy efficiency rating.

Tenants:
100% occupied with AAA grade tenants

Fund Term:
6 Years from July 2015

Investment Strategy:
To maintain the high quality tenant profile and take advantage of the strong growth expected in the area.

Performance:
The Fund is expected to deliver an average annual distribution over the Fund Term in excess of 9.5%