Canberra Property Syndicate
The property is a hardware retail centre on Gundaroo Drive, Gungahlin, ACT, with a total land area of 21,250m2. It comprises a warehouse with a loading dock, offices and amenities and a covered storage and timber area. In addition to this, the property also has an enclosed garden display area, covered garden centre area and associated open storage areas. The balance of the site incorporates a bitumen sealed onsite carpark for 206 cars, an outdoor tool hire and display area and playground facilities.
|Fund||Canberra Property Syndicate|
|Investment type||Single asset, closed-ended, Unlisted Property Trust|
|Location||Gundaroo Drive, Gungahlin, ACT|
|Distribution yield||9% p.a.|
|Investment term||7 years|
|Loan to Valuation Ratio||43.9%|
*Net rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.