Investment
Status

Full

Purchase
Price

$38.7M

Date of
Purchase

Dec '16

Current Net
Distribution Dec '18

9.50%

About Sentinel Regional Office Trust


The Sentinel Regional Office Trust has purchased 200 Creek Street, Brisbane, QLD, comprising a ten level office building located within the northern precinct of Brisbane’s CBD. The property is situated on a 6,211sq m site with a net lettable area of 7,603sq m and 88 car bays (1:86sq m). 200 Creek Street has had approximately $2.7 million spent on upgrades to building services, tenant fitouts and foyer refurbishments.

The property is currently 92% leased to a diverse range of quality tenants, including State Government and international agencies including Ramsay Health Care and BMT WBM.

This modern office accommodation is in a prime CBD location (150 metres to Central Train Station) and is within walking distance to the Spring Hill Medical Precinct, which includes the Brisbane Private Hospital, Queensland Eye Hospital and St. Andrews Hospital.

Brisbane’s $5 billion major development of the ‘Queens Wharf’ Precinct will deliver economic growth for Queensland with the creation of more than 2000 construction jobs and 8000 ongoing jobs when the Integrated Resort Development is completed in 2022. The revitalised precinct will provide improved facilities for everyday use and public events, showcasing Brisbane to locals, interstate and international visitors, and positioning Brisbane as a ‘world class city’.

Sentinel Regional Office Trust is an open ended Pooled Office Trust also compromising of 11 Argyle Street Newcastle, CasCom Darwin, 8 Buller Street Port Macquarie, Jacana House Darwin, 139 Grafton Street Cairns and Arnhemica House Darwin.

Location


Sentinel Regional Office Trust

200 Creek Street, Brisbane QLD 4000

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