Investment
Status

Full

Purchase
Price

$8.7M

Date of
Purchase

Aug '17

Current Net
Distribution Dec '18

9.50%

About Sentinel Regional Office Trust


139 Grafton Street, Cairns is a modern, four level commercial office building, located in the Cairns CBD.

The building was constructed in 2009 and has a net lettable area of 2,453 square metres, and benefiting from undercover secure carparking for 25 vehicles.

The property is 100% leased to two tenants, with 96% leased to State of Queensland (represented by the Department of Health), on a new 5-year lease expiring 2022, and an established medical office.

There are more than $20 billion of major projects planned for the Far North QLD region, which are projected to drive tourism and economic growth in the region.

Sentinel Regional Office Trust is an open ended Pooled Office Trust also compromising of 11 Argyle Street Newcastle, CasCom Darwin, 200 Creek Street Brisbane, 8 Buller Street Port Macquarie, Jacana House Darwin and Arnhemica House Darwin.

Location


Sentinel Regional Office Trust

139 Grafton Street, Cairns QLD 4870

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