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.
|Fund||Ausgrowth Property Syndicate 24 (Melbourne)|
|Investment type||Single asset, closed-ended, Unlisted Property Trust|
|Location||533 Little Lonsdale Street, Melbourne|
|Distribution yield||8% p.a.|
|Investment term||7 years|
|Loan to Valuation Ratio||65%|
*Net rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.