Ausgrowth Property Syndicate 24 – Melbourne

The property syndicate comprises a 13 level commercial office building with on-site car parking for 49 vehicles, located at 533 Little Lonsdale Street within the legal precinct of the Melbourne CBD, within close proximity to the Melbourne Magistrates Court, Commonwealth Courts, New County Court and the Supreme Court complexes. Furthermore, the Property is held on 61 Certificates of Title which could be sold individually at some time in the future.

Investment Overview

FundAusgrowth Property Syndicate 24 (Melbourne)
Investment typeSingle asset, closed-ended, Unlisted Property Trust
Location533 Little Lonsdale Street, Melbourne
Distribution yield8% p.a.
Investment term7 years
Loan to Valuation Ratio65%

*Net rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.

Investment Status fully subscribed
Previous Month's Net Rate 9.00%PA
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