Newcastle, New South Wales

Newcastle, New South Wales

Description:
Two adjacent four and five floor office buildings in the heart of Newcastle CBD’s “East End”.

Tenants:
Occupied by high quality tenants and underpinned by a Commonwealth Government lease

Fund Term:
7 years from February 2017

Investment Strategy:
To upgrade aspects of the property as the area undergoes significant transformation and to increase net rental income

Performance:
The Fund is expected to deliver an average distribution of 9% per annum over the Fund Term, plus capital appreciation