Tower Central Trust
The Trust owns the Tower Central office building in the commercial heart of Ipswich. Incorporating the iconic Ipswich Post Office and clock tower, this building is home to the Bendigo Bank, Australia Post and the Queensland Department of Justice and Attorney-General among others. The Property comprises a modern four level office building completed in 2009, which was integrated with the refurbished iconic Ipswich Post Office and clock tower.
To learn more about the overall performance of the Trust, download your copy of the Annual Report as at 30 June 2017.
|Fund||Tower Central Trust|
|Investment type||Single asset, closed-end, Unlisted Property Trust|
|Location||114 Brisbane Street, Ipswich, Queensland|
|Distributions||8.00% p.a.^ paid monthly in arrears following settlement of the property.|
|Asset value||$22.35 million|
|Investment term||The expected term of the Trust is 5 years from settlement date of the property.|
|Loan to Valuation Ratio||50%|
^ Net distribution rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.
Regulatory Guide 46
For an overview of the Trust's financial performance for the last six months, download a copy of RG46.Download