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The Centuria Geelong Office Fund is a single-asset, closed-ended unlisted property fund investing in a 100% freehold interest in the property located at 60 Brougham Street, Geelong, Victoria. Investors received Units in the Fund.
The Property has a long-term Weighted Average Lease Expiry (WALE) and 94% of the Property’s gross income is underpinned by a AAA-rated Victorian Government-owned entity. The Fund is forecast to receive reliable and secure long-term rental income, whilst also providing the potential for future capital gain.
60 Brougham Street, Geelong, Vic is a modern A-grade building built in 2009 with a long term government lease and minimal capital expenditure requirements.
One
property
Commercial
offices
16,079 sqm
NLA
339
car spaces
| Fund & asset summary | |
|---|---|
| APIR code | CNT6249AU |
| ARSN | 623 696 800 |
| Fund commencement date | April 2018 |
| Property address | TAC Building 60 Brougham Street, Geelong, Vic |
| Ownership interest | 100% Centuria Geelong Office Fund |
| Title | Freehold |
| Site area | 5,475 sqm |
| Building constructed | 2009 |
| NABERS energy rating | 5.5 stars |