Fully leased Brisbane, Australia metro office asset
Extremely attractive acquisition of a fully leased Brisbane, Australia metro office asset. 100% leased to one of Australia's largest privately-owned construction businesses and a civil engineering company specializing in major infrastructure projects. The property is under-rented, offering strong rental and capital growth potential upon lease renewal.
- Exceptional opportunity combines attractive distributions, a secure tenant profile, and strong capital growth potential
- Asset at an extremely favourable purchase price resulting in a compelling purchase yield of 8,59%.
- Forecast 5-year average distribution of 8.75% p.a.
- Year 1 distribution of 8.25% net p.a. increasing to 9.25% net p.a. paid monthly
- Sponsor co-invests alongside investors ensuring an alignment of interest in the success
- Strong nationwide Real Estate Fund Manager with a track record of successful investments over more than a decade
- Team comprises 25 specialists with decades of combined experience across funds management, asset and facilities management and property development