The property comprises a modern five-level office building with three ground floor retail units and over 11,000 sqm of office accommodation. The building was completed in 2018 and developed to achieve a 5-star rating under the Green Star Design and As Built guidelines. A large central atrium connects the two main building structures and provides natural light to the surrounding floors. The property has 200 basement level car parks and is located on the corner of St Georges Bay Road and Garfield Street which is close to the Parnell train station with excellent links to the motorway system and the Parnell retail hub.
| Type | Office |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
6.75% p.a. on the original unit value of $50,000 ($3,375 per unit p.a.)
Pre-Tax Gross distribution*The distribution rate disclosed above is the current distribution rate for the Scheme. There is no guarantee that the distribution rate will stay the same. Cash distributions are not guaranteed. |
| Net asset value |
$47,547 per unit as at 31 Mar 2025. Note: This does not include the cost of selling the property and winding up the investment, which is usually between 3-5% of net assets. It is also subject to the accounting policies, judgement and estimation disclosed within the financial statements. |
| Minimum holding | 1 unit |
| Important documents | |
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 1 unit | N/A | N/A | Mon 29 Jun 2026 | |
| 1 unit | N/A | N/A | Wed 24 Jun 2026 | |
| 2 units | $78,000.00 | $39,000.00 | Wed 24 Jun 2026 | |
| 2 units | $80,000.00 | $40,000.00 | Tue 30 Jun 2026 | |
| 2 units | $82,000.00 | $41,000.00 | Mon 29 Jun 2026 | |
| 1 unit | $40,000.00 | $40,000.00 | Mon 22 Jun 2026 | |
| 3 units | $118,500.00 | $39,500.00 | Wed 24 Jun 2026 | |
| 2 units | N/A | N/A | Wed 24 Jun 2026 | |
| 4 units | $180,000.00 | $45,000.00 | Fri 19 Jun 2026 | |
| 3 units | N/A | N/A | Fri 26 Jun 2026 | |
| 6 units | $300,000.00 | $50,000.00 | Tue 30 Jun 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/06/2026 | 1 | $38,000.00 |
| 01/06/2026 | 1 | $31,000.00 |
| 01/05/2026 | 1 | $33,000.00 |
| 01/05/2026 | 1 | $40,000.00 |
| 01/04/2026 | 4 | $37,500.00 |
| 01/03/2026 | 1 | $35,000.00 |
| 01/02/2026 | 1 | $40,000.00 |
| 01/02/2026 | 1 | $43,000.00 |
| 01/12/2025 | 1 | $41,000.00 |
| 01/12/2025 | 1 | $42,500.00 |
| 01/12/2025 | 2 | $36,000.00 |
| 01/11/2025 | 1 | $41,000.00 |
| 01/10/2025 | 1 | $42,000.00 |
| 01/10/2025 | 1 | $43,000.00 |
| 01/10/2025 | 3 | $40,000.00 |
| 01/09/2025 | 2 | $42,000.00 |
| 01/08/2025 | 2 | $36,000.00 |
| 01/08/2025 | 2 | $44,000.00 |
| 01/08/2025 | 1 | $43,500.00 |
| 01/06/2025 | 1 | $43,500.00 |
| 01/05/2025 | 2 | $44,500.00 |
| 01/05/2025 | 2 | $45,000.00 |
| 01/04/2025 | 1 | $45,000.00 |
| 01/03/2025 | 1 | $44,300.00 |
| 01/02/2025 | 1 | $44,000.00 |
| 01/12/2024 | 1 | $43,500.00 |
| 01/07/2024 | 1 | $45,000.00 |
| 01/07/2024 | 1 | $40,000.00 |
| 01/06/2024 | 1 | $45,000.00 |
| 01/04/2024 | 1 | $45,000.00 |
| 01/02/2024 | 1 | $46,000.00 |
| 01/12/2023 | 1 | $46,000.00 |
| 01/12/2023 | 1 | $44,200.00 |
| 01/11/2023 | 1 | $47,000.00 |
| 01/03/2023 | 1 | $53,000.00 |
| 01/03/2023 | 1 | $53,000.00 |
| 01/02/2023 | 2 | $58,000.00 |
| 01/02/2023 | 1 | $50,000.00 |
| 01/02/2023 | 1 | $59,000.00 |
| 01/12/2022 | 1 | $59,000.00 |
| 01/10/2022 | 1 | $53,000.00 |
| 01/08/2022 | 1 | $48,000.00 |
| 01/07/2022 | 1 | $58,000.00 |