Ausgrowth Property Syndicate 21 – Cairns
The property syndicate comprises a modern two level (plus mezzanine), commercial office building fully leased as a medical facility. The Property is located on a prominent corner within the Cairns Central Business District and situated within close proximity of other medical operations including the Cairns Base Hospital.
Investment Overview
Fund | Ausgrowth Property Syndicate 21 (Cairns) |
Investment type | Single asset, closed-ended, Unlisted Property Trust |
Location | 156 – 160, Corner Grafton and Florence Street Cairns QLD |
Distribution yield | 9.5% p.a. |
Investment term | 8 years |
Loan to Valuation Ratio | 60% |
*Net rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.