Fully subscribed wholesale investor fund

The Pymble Private Property Trust (Fund) aims to provide wholesale investors with competitive income and the opportunity to maximise investment returns via an asset with potential capital value development upside.

The Fund has 100% interest in the 3 Bridge Street Trust, which holds a commercial property located at 3 Bridge Street, Pymble, Sydney NSW.

The property consists of a three-storey office building covering 2,626 sqm net lettable area, securely leased to UGL Pty Ltd.

The Fund is a closed fund; no new investment opportunities are available.

To register your interest in future similar funds, please contact our Investor Relations team on 1800 230 099 or email investorrelations@trilogyfunds.com.au.


*September 2023 net distribution rate annualised. Past performance is not a reliable indicator of future performance. Rates are variable.

  • Wholesale investment opportunity
  • Competitive income
WHOLESALE INVESTMENT OPPORTUNITY

Competitive income and an opportunity to maximise investment returns.

Seeks to take advantage of an asset with potential capital value development upside.

Investment overview

Fund
Pymble Private Property Trust (Fund)

Investment Term
6 years from settlement date

Forecast distributions
7.00% p.a.* Calculated daily, paid quarterly

Minimum investment
$250,000
Only open for wholesale investors as defined under the Corporations Act

Investment Management
Sumner Trilogy is an entity established by a Trilogy Entity and Sumner Capital which will be responsible for the investment management including property management, development approval strategy and day-to-day management of both the Fund and the 3 Bridge Street Trust.

*September 2023 net distribution rate annualised. Past performance is not a reliable indicator of future performance. Rates are variable.

Fully subscribed wholesale investor fund

The Asset

The Fund aims to provide investors with an indirect interest in a property investment that aims to provide wholesale investors with competitive income, and the opportunity to maximise investment returns via an asset with potential capital value development upside.

The Property

The property consists of a three storey office building, covering 2,626 sqm of net lettable area, situated on a 2,964 sqm site and offers  development upside, with the opportunity to expand the gross floor area to over 10,000 sqm.

The property is 100% securely leased to tenant UGL Pty Ltd.

Location

Located in the prestigious northern Sydney suburb of Pymble, within close proximity to the Pymble Town Centre and Pymble Train Station. The property is located within Pymble Business Park, with dual street frontage to Pacific Highway and Bridge Street.

Pymble Business Park is situated to the west of the Pacific Highway, and north of Ryde Road providing easy access to Sydney’s orbital road network.

Tenancy

UGL Pty Ltd is a 100% subsidiary of ASX-listed CIMIC Limited, with a current market capitalisation of approximately A$7bn. UGL is an engineering company, which provides construction, maintenance and asset management services predominantly to the rail, resources and infrastructure sectors.

Development opportunity

The property is zoned B7 Business Park under the Ku-ring-gai Local Environmental Plan 2015 , which allows for a Floor Space Ratio of 3.5:1, a maximum of height of 32.5m (circa 8 storeys) and includes office, childcare and hotel uses.

The existing planning provisions allow for the potential to develop a building with 10,374 sqm of gross building area.

The property will be held first and foremost to generate rental income that will be the source of distributions from the Fund. It is currently the intention, subject to the lease on the property and to the extent that market conditions are favourable, to consider realisation of the property may be considered to wind-up of the Fund.

Property Particulars

Property address
3 Bridge Street, Pymble, Sydney NSW

NLA
2,626 sqm

Site Area
2,964 sqm

Title Details
Lot 1 on DP626394

Zoning
B7 Business Park – Mixed-used commercial office, business use

Tenant
UGL Pty Ltd

Lease term
Current expiry 30 June 2025


This webpage and the information contained within has been prepared by Sumner Trilogy Investment Management. Sumner Trilogy Investment Management Pty Ltd (Investment Manager) is the Investment manager of the Fund and is a Corporate Authorised Representative (CAR No. 001286045) of Trilogy Funds Management Limited (Trilogy) ABN 59 080 383 679 AFSL 261425. Perpetual Corporate Trust Limited acts as trustee (Trustee) of the Fund. The Pymble Private Property trust is an unregistered managed investment scheme. Investors may lose part or all of their capital or there may be periods when their returns are diminished. The Fund is not a bank deposit and neither the Investment Manager, Trilogy nor the Trustee guarantee its performance.

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