Eagle Property Group | Potts Point, Sydney, New South Wales
Eagle Property Group operates under Australian Financial Services Licence (AFSL) no. 402998, held by Crest Funds Management Pty Ltd, a company that is wholly owned by the shareholders of Eagle Property Group. It is used exclusively for issuing in the Unit Trusts we establish. By virtue of the AFSL, Eagle Property Group is regulated by the Australian Security and Investments Commission (ASIC). It is also a member of the Australian Prudential Regulatory Authority (APRA) and the Property Funds Association (PFA).
Fund, property investment. Eagle Property Group, tenant, AFSL, Financial Services, Crest Funds Management, Unit Trusts , APRA, PFA
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Potts Point, Sydney, New South Wales

Potts Point, Sydney, New South Wales

 SOLD – SETTLEMENT PENDING

Description:
4 heritage listed Victorian terraced houses in a prime location with an extensive interconnected basement and rear lane access.

Tenants:
Currently used for commercial purposes it is occupied by a variety of office tenants, a gymnasium and two nightclubs.

Fund Term:
7 Years from March 2016

Investment Strategy:
Explore the many potential uses and redevelopment opportunities presented by the location as it transitions from a nightclub district to a high-end residential precinct

Performance:
Although the asset has been only recently acquired, evidence suggests its current value already far exceeds the Funds purchase price. Until such time as an acceptable offer is made, the asset is expected to delver an average annual return in excess of 7%.